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

Make me your Homepage
left corner left corner
China Daily Website

China's social financing stable, new lending drops

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

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.

 
8.03K
 
...
主站蜘蛛池模板: 国产女厕所 | 性欧美在线 | 一级做a爱久久久久久久 | 久久亚洲国产欧洲精品一 | 亚洲高清中文字幕一区二区三区 | 午夜影院欧美 | 一区二区三区成人 | 午夜三级成人三级 | 男女在线免费视频 | 成年人黄色网址 | www.精品 | 国产亚洲福利一区二区免费看 | 日韩特黄特色大片免费视频 | 欧美在线播放视频 | 日韩高清一级毛片 | 国产视频97 | 国产国产成人精品久久 | 国产欧美日韩一区 | 毛片高清一区二区三区 | 美女黄18 | 国产精品久久久久久久专区 | 久久成人18免费网站 | 免费国产成人高清在线看软件 | 最新亚洲精品 | 日韩美视频网站 | 久久高清一区二区三区 | 女让张开腿让男人桶视频 | 伊人久久影视 | 亚洲福利精品一区二区三区 | 91九色精品国产 | 成人免费一级毛片在线播放视频 | 日本国产一区二区三区 | 久久91精品国产91 | 欧美成亚洲 | 国产精品久久久久网站 | 亚洲国产欧美一区二区欧美 | 日本成本人视频 | 久久久成人影院 | 美女视频黄在线观看 | 玖草在线视频 | 在线观看国内自拍 |