央行：居民买房投资更趋理性，5年来居民贷款占比降5个百分点

Core Viewpoint - The credit structure has been continuously improving this year, supporting the transformation of the economic structure [1] Group 1: Credit Allocation - From 2021 to present, the proportion of corporate loans has increased from 63% to approximately 68%, while the proportion of household loans has decreased from 37% to about 32%, indicating more credit funds are directed towards real enterprises [1] - The decline in household financing demand is attributed to a more rational approach to investments such as home purchases [1] Group 2: Industry Focus - From 2021 to present, the share of manufacturing in total medium and long-term loans has risen from 5.1% to approximately 9.3% [1] - The share of consumer-related industries in total medium and long-term loans has increased from 9.6% to about 11.2% [1] - In contrast, the traditional real estate and construction sectors have seen their share decrease from 15.9% to approximately 13% [1]