As China faces economic downturns and declining incomes affecting domestic demand, the government has pushed for 'consumer loans' to revitalize the economy. However, many bank employees unable to meet loan issuance targets have turned to social media to request 'mutual consumer loan exchanges' to avoid salary cuts.

The China Banking and Insurance Regulatory Commission encouraged banks to increase personal consumption loans in March of this year, but the delegation of task completion to lower-tier employees has led many bank staff into impossible situations. To avoid penalties for failing to meet targets, employees resort to online mutual lending, personally covering the interest costs from loans.

Reports indicate that while the current loan rates are set at 3%, some bank staff privately negotiate with clients to keep rates below this benchmark to complete performance assessments. As mid-year approaches, the demand for these mutual loans among bank employees continues to rise.