PBOC: Non-loan financing methods such as bonds account for more than 50% of the increment of social financing scale, and the structural reform of financial supply side has achieved significant results.

People's Bank of China spokesperson and deputy governor Zou Lan stated at the State Council Information Office press conference on January 15 that by 2025, non-loan financing methods such as bonds account for over 50% of the incremental social financing scale, indicating significant progress in the structural reform on the supply side of finance.