China's RMB loans increased by 15.73 trillion yuan in the first half of the year | year-on-year | China
Beijing, July 11th (Xinhua) - The People's Bank of China released financial statistics on July 11th, showing that China's RMB loans increased by 15.73 trillion yuan in the first half of the year, an increase of 2.02 trillion yuan year-on-year.
The picture shows the headquarters building of the People's Bank of China.
Data shows that at the end of June, the balance of RMB loans in China was 230.58 trillion yuan, a year-on-year increase of 11.3%, with a growth rate 0.1 percentage points lower than the end of last month and unchanged from the same period last year. In the first half of the year, household loans in China increased by 2.8 trillion yuan; Corporate loans increased by 12.81 trillion yuan, of which medium and long-term loans increased by 9.71 trillion yuan. In June, RMB loans increased by 3.05 trillion yuan, an increase of 229.6 billion yuan year-on-year.
In terms of money supply, at the end of June, China's broad money balance was 287.3 trillion yuan, a year-on-year increase of 11.3%, with growth rates 0.3 percentage points and 0.1 percentage points lower than the end of last month and the same period last year, respectively; The balance of narrow currency was 69.56 trillion yuan, a year-on-year increase of 3.1%, with growth rates 1.6 and 2.7 percentage points lower than the end of last month and the same period last year, respectively.
![China's RMB loans increased by 15.73 trillion yuan in the first half of the year | year-on-year | China](https://a5qu.com/upload/images/d00ca5c99a23a6efe1b83bc30cca6e4e.jpg)
In addition, in the first half of the year, China's RMB deposits increased by 20.1 trillion yuan, an increase of 1.3 trillion yuan year-on-year. Among them, household deposits increased by 11.91 trillion yuan.
The social financing data released on the same day showed that the cumulative increase in China's social financing scale in the first half of the year was 21.55 trillion yuan, which is 475.4 billion yuan more than the same period last year. At the end of June, the stock of social financing scale was 365.45 trillion yuan, a year-on-year increase of 9%.