1, bank credit risk increases;

2. The investment is strong, and the credit is basically used for investment. With the proportion of GDP gradually increasing, excessive investment will easily lead to overcapacity in some industries, and the risk of the whole industry will increase, which is not conducive to sound economic development.

At the same time, due to China's specific national conditions, in order to reduce risks and facilitate channels, most of the loans were lent to state-owned enterprises. However, state-owned enterprises can not fully and effectively use these funds, and it is easy to reduce the utilization rate of state-owned assets. Many state-owned enterprises are monopolists or oligarchs. The influx of funds makes state-owned enterprises expand their production capacity, leading to overcapacity in the industry and increased industry risks. At the same time, there is also the risk that the capital chain will be broken (banks need to lend and repay huge loans, and the utilization rate of funds is low).

The increase in the proportion of total credit to GDP is also conducive to stimulating rapid economic development!