Legal analysis: Provisions on the use of loan funds: 1. Personal consumption loans can be used for legitimate personal or family consumption purposes such as car purchase, parking, decoration, education, bulk consumption shopping and tourism. 2. The purpose of the loan must comply with the provisions of relevant state laws, regulations and policies, and shall not be used for illegal purposes such as gambling in areas prohibited by state laws and regulations and state regulatory authorities. 3. When applying for a single loan or drawing money under the credit line, the loan applicant shall submit a written certificate of the purpose of the loan, and shall not issue a loan without a specific purpose.

Legal basis: Interim Measures for the Administration of Credit Funds in People's Republic of China (PRC).

Article 8 The People's Bank of China shall gradually shift its control over the total amount of money and credit from direct control based on credit scale management to indirect control by means of social credit plan, refinancing, rediscount, open market operation, reserve ratio, benchmark interest rate and proportional management.

Article 9 The People's Bank of China shall establish a monitoring system for macroeconomic indicators of economy and finance, and determine the annual growth rate of money supply by analyzing and forecasting major indicators such as gross national product, special price index and international payments. The long-term goal of money supply is m, and the short-term goal is m.

Article 10 The People's Bank of China shall formulate a social credit plan according to the determined growth rate of money supply. Social credit planning includes credit planning of commercial banks, policy banks, non-bank financial institutions and corporate financing planning. Financial institutions shall, in accordance with the relevant provisions of the People's Bank of China, prepare and submit credit plans, which shall be brought into the comprehensive balance of social credit plans by the People's Bank of China to guide the credit activities of financial institutions.

Article 11 The People's Bank of China should reduce credit loans, increase rediscount and mortgage loans, develop open market business for treasury bonds and foreign exchange, and gradually increase the proportion of base money invested through the money market.