"Five years ago, less than 5 percent of Chinese card users used revolving credit. Now, in 2011, about 15 percent of card users, mostly the younger adults, are using revolving credit. This is becoming a trend in China and this will gradually change the income structure of card issuers who need to adapt as well,Driven by rising consumption and market penetration, credit card receivables have been growing at close to triple-digit rates in the past five years," said Huang

We forecast the mortgage market to grow from 6 trillion yuan to 15.5 trillion yuan during the period 2010 to 2015, given that many Chinese consumers believe that owning their residence is essential to having a stable family and that houses have a relatively high cost," said Richard Huang, partner and managing director at BCG.