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

Chinadaily.com.cn
 
Go Adv Search

China's new yuan lending surges in March

Updated: 2012-04-12 17:10

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - China's new yuan loans trumped forecasts to soar to a 14-month high of 1.01 trillion yuan ($160.18 billion) in March, as the government shifted more focus to sustaining growth in the world's second-largest economy.

The figure, up 332 billion yuan compared with a year earlier, also jumped from 710.7 billion yuan in February this year and 738 billion yuan in January, the People's Bank of China said Thursday.

The higher-than-forecasted lending in March signals a loan demand rebound after reserve requirement ratio cuts in February, said Zeng Gang, a financial researcher at the Chinese Academy of Social Sciences, a government think tank.

It also indicates that the central bank is easing restrictions on lending capacity at financial institutions in an effort to buoy the economy, Zeng said.

The country's financial institutions issued a total of 2.46 trillion yuan in new loans in the first three months, slightly higher than the 2.24 trillion yuan issued during the same period last year.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, grew 13.4 percent year-on-year to hit 89.56 trillion yuan at the end of March. The increase was lower than the 14-percent annual target that the government set in early March.

Preliminary data showed the country's social financing, a measure of funds raised by entities in the real economy, totaled 1.86 trillion yuan last month, soaring 78.23 percent from February, the central bank said.

First-quarter social financing stood at 3.88 trillion yuan, or 348.7 billion yuan less than the same period last year, it said.

By the end of March, the country's foreign exchange reserves, which are the world's largest, hit $3.31 trillion, compared with $3.18 trillion at the end of December.

Lu Zhengwei, chief economist of the Industrial Bank, said the strong new loan figure in March, which might not be maintained in the second quarter, will help cushion a slowdown in the national economy.

The World Bank cut its forecast for China's 2012 economic growth to 8.2 percent on Thursday from 8.4 percent. The revision comes ahead of China's official first-quarter growth report due to be released Friday, which is widely expected to be lower than 8.5 percent and the lowest in 11 quarters.

China's economic growth slowed throughout all of 2011, from 9.7 percent in the first quarter to 8.9 percent in the last quarter.

Analysts expected the Chinese government to focus more on pro-growth policies as economic growth slowed, inflation concerns eased and a credit crunch spread among small companies that generate more than half of China's jobs.

The country's inflation rose a more-than-expected 3.6 percent in March from a year ago as food price rises accelerated. Although picking up from February's 3.2-percent rise, the growth was still lower than the government's inflation control target of 4 percent for this year.

In the first-quarter monetary policy report, the central bank said it will balance efforts to ensure stable and relatively fast economic growth, maintain the overall stability of prices and prevent financial risks.

It will ensure a reasonable level of social financing as it maintains a prudent monetary policy this year.

The central bank in February lowered the reserve requirement ratio for banks by 50 basis points, the second cut in three months, to ease the short-term credit crunch.

Peng Wensheng, chief economist at the China International Capital Corp, said there is big chance that the central bank will lower the reserve requirement ratio again in April.

 

主站蜘蛛池模板: 国产精品一区二区久久精品涩爱 | 精品国产美女福利到在线不卡 | 久久免费资源 | 日本高清视频免费在线观看 | 亚洲三级网站 | 亚洲乱码国产一区网址 | 欧美黄a| 日韩美三级 | 亚洲精品久久久久影 | 美女图片1314mm爽爽爽 | 久草首页在线观看 | 亚洲精品视频专区 | 欧美a一 | 欧美成人高清视频 | 亚洲大片 | 欧美人在线一区二区三区 | 国产精品色内内在线播放 | 在线一区免费视频播放 | 色老头一区二区三区在线观看 | 欧美成人免费观看国产 | 在线精品国产成人综合第一页 | 国产女人伦码一区二区三区不卡 | 欧美激情亚洲 | 美女视频黄视大全视频免费网址 | 精品国产午夜久久久久九九 | 日本一级特黄a大片 | 国产免费一级精品视频 | 美女被免费网站视频软件 | 成年人看的免费视频 | 日本在线 | 中文 | 国产成人精品曰本亚洲 | 偷看各类wc女厕嘘在线观看 | 亚洲欧美中文字幕在线网站 | 免费一级毛片在线播放视频 | 亚洲天堂视频在线免费观看 | 亚洲欧美在线观看播放 | 久综合| 男人的天堂在线 | 在线中文字幕日韩 | 狠狠五月深爱婷婷网 | 国产在线成人精品 |