AI Data Insight
The latest YoY deposit growth rate of Chinese financial institutions in Q3 2026 fell to 8.1%, slowing slightly from the previous Q2 2026 value of 8.2%, while the credit market continues to show a pattern of "strong supply and weak demand." Under the government-guided low-interest-rate environment, a massive amount of funds is shifting from bank time deposits to wealth management products and non-bank institutions. Looking ahead, the proportion of direct financing is expected to increase, but the risk of idle funds still requires close vigilance.