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Size of the peer to peer (P2P) lending industry in China from 2014 to 2019 with a forecast for 2020 (in trillion yuan)

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Sources

Release date

December 2020

Region

China

Survey time period

2014 to 2019

Supplementary notes

*Forecast.

Values have been rounded for a better understanding.

One yuan equals 0.13 U.S. dollars and 0.15 euros (as of September 2021).

Citation formats

Market size of the P2P lending industry in China 2014-2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 14, 2021
In 2019, the market value of the Chinese peer-to-peer lending industry reached **** trillion yuan and was forecasted to reach **** trillion yuan by 2020. After reports of scams and bad lending practices in the P2P lending industry increased, the Chinese government started to implement strict regulations on the platform operators. As a result, the number of platforms had decreased significantly over the past years.
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