In recent years, the scale of consumer credit in China has been expanding, which has a good role in stimulating China's economic growth, and there are regional differences in this impact. Consumer credit is an important factor in promoting economic growth. Based on the data of Guangxi from 1998 to 2021, this study selects GDP as the explanatory variable and consumer credit as the explanatory variable, and establishes a VAR model to study the impact of consumer credit on Guangxi's economic growth. The results show that Guangxi's consumer credit has a certain role in stimulating Guangxi's economic growth, but due to the influence of many factors, the effect is not very obvious. Therefore, this study puts forward countermeasures and suggestions to enhance the affordability of Guangxi residents to consumer credit, improve the social security system and enrich credit products.

Qin Siyi. Research on the impact of consumer credit on economic growth in Guangxi. Academic Journal of Business & Management (2023) Vol. 5, Issue 24: 83-88. https://doi.org/10.25236/AJBM.2023.052412.

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