www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / View

China's social financing stable, new lending drops

(Xinhua) Updated: 2012-11-13 14:09

BEIJING - China will keep its monetary policy stable throughout the year despite new yuan-denominated lending drops in October, experts said on Monday, as the country's overall social financing level remains stable.

New yuan-denominated lending in October hit a 13-month low of 505.2 billion yuan ($80.32 billion), dropping 81.6 billion yuan from a year earlier, the People's Bank of China, the central bank, said Monday.

The week-long National Day holiday at the beginning of October contributed to the lending decline, said Zhong Zhengsheng, an analyst from Everbright Securities.

It also reflected authorities' efforts to control credit, as the growth rate in August was faster than expected.

The social financing scale in October stood at 1.29 trillion yuan, marking a decline of 360 billion yuan from September, according to PBOC.

Lian Ping, chief economist for the Shanghai-based Bank of Communications, said China's social financing performance can still be considered satisfactory, as the gross social financing volume in the first ten months of the year increased by 2.42 trillion yuan year-on-year to hit 13.02 trillion yuan.

Lian said social financing could exceed 15 trillion yuan this year, much more than the 12.83 trillion yuan recorded in 2011.

Experts believe China is optimizing its financing structure by lowering new yuan-denominated lending while weighing trust loans and corporate bond financing.

In October, trust loans amounted to 144.5 billion yuan, an increase of 135.5 billion yuan over the same period last year. Meanwhile, corporate bond financing hit 299.2 billion yuan, up 135.3 billion yuan year-on-year.

In the first ten months, gross corporate bond financing reached 1.86 trillion yuan, higher than 1.37 trillion yuan for the entirety of last year.

Yuan-denominated lending accounted for 39.2 percent of total social financing in October, hitting a record low, while corporate bond financing accounted for 23 percent of the monthly total, according to the PBOC.

As of the end of October, the broad measure of money supply (M2), which covers cash in circulation and all deposits, rose 14.1 percent from a year earlier to 93.64 trillion yuan. The growth rate was 0.7 percentage points lower than the figure for September.

The government will continue to implement a proactive fiscal policy and prudent monetary policy, effectively carrying out structural tax reductions and maintaining an appropriate money supply, experts said.

Experts believe the central government will keep its monetary policy stable, as social financing is high enough to support economic expansion and possible inflationary pressure.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费女人18毛片a级毛片视频 | 日本免费人成在线网站 | 亚欧成人中文字幕一区 | 久久免费视频播放 | 日本一区三区二区三区四区 | 欧美18毛片免费看 | 久久久亚洲精品蜜桃臀 | 欧美大屁股精品毛片视频 | 国产福利一区二区三区 | 免费一级欧美大片久久网 | 亚洲九九香蕉 | 国产一级不卡毛片 | 免费黄色成人 | 国内精品美女写真视频 | 97在线观看视频免费 | 国产美女作爱全过程免费视频 | 男女在线观看视频 | 日韩视频精品在线 | 日韩精品不卡 | 亚洲高清在线播放 | 日韩精品欧美国产精品亚 | 日本草草视频在线观看 | 欧美三级黄色 | 久久精品视频9 | 久久精品视频在线观看榴莲视频 | 欧美成人看片一区二区三区尤物 | 欧洲一级毛片免费 | 一级特黄aaa大片在 一级特黄aaa大片在线观看 | 粉嫩jk制服美女啪啪 | 亚洲国产高清一区二区三区 | 午夜美女影院 | 日本加勒比在线观看 | 天堂最新版 | a级国产 | 精品一区二区三区免费视频 | 久久国产精品免费 | 日韩一区二区中文字幕 | 特级aa一级欧美毛片 | 国产精品欧美视频另类专区 | 国产亚洲一区二区三区在线 | 美女张腿男人桶免费视频 |