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 / Markets

China's new yuan loans up in July

(Xinhua) Updated: 2015-08-11 09:06

BEIJING -?China's new yuan-denominated lending rose sharply in July, new data showed, due to the central bank's monetary easing and the government's continuing pro-growth measures.

New yuan loans hit 1.48 trillion yuan ($241.8 billion) last month, up 1.61 trillion yuan from a year earlier, according to data released by the People's Bank of China (PBOC) on Tuesday.

The increase was beyond market expectations and is mainly attributed to monetary easing, including interest rate cuts, and official policies to prop up the real economy.

Repeated easing measures in the first half of the year ensured abundant liquidity in the market, the PBOC said in a statement.

Lower bank deposit reserve ratios led to sufficient money supply and prompted lenders to make loans, while rate cuts made cheaper funding available and stimulated credit demand, the statement said.

The central bank has cut both the reserve requirement ratio and interest rates three times since the beginning of this year.

An eased monetary market could be indicated by accelerating M2 growth. M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 13.3 percent year on year at the end of July, up from May's 10.8 percent and June's 11.8 percent.

The loans were also boosted by measures that aimed to prop up growth. In the first 7 months, new yuan loans amounted to 8.04 trillion yuan, up 2.15 trillion yuan from a year ago.

The PBOC said warming investment in the real economy has driven up working capital loans and a recovering property sector triggered improved housing mortgages.

Given falling exports weighed on by slack external demand, the moderate credit growth will be boon for the real economy, especially the improvement of domestic demand, the PBOC said.

The PBOC admitted recent government stock market bailouts also exerted influence on credit growth, but expect the impacts from those provisional rescue measures will gradually recede after the capital market stabilizes.

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 6.6 percent year on year to 35.31 trillion yuan at the end of last month.

However, China's total social financing (TSF), a measure of funds to non-financial firms and households from the financial system, remained relatively moderate.

The TSF stood at 718.8 billion yuan in July, down 1.11 trillion yuan month on month but up 532.7 billion yuan from a year ago.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一区二区三区视频在线 | 国产精品2020| 国产精品免费精品自在线观看 | 欧美不卡一区 | 久久精品人人爽人人爽快 | 北条麻妃在线一区二区 | 亚洲视色| 色黄网站aaaaaa级毛片 | 成人手机在线视频 | 欧美成人午夜不卡在线视频 | 国产黄色片在线观看 | 亚洲男人的性天堂 | 日韩毛片基地 | 久久国产欧美另类久久久 | 欧美成人一级 | 一级毛片视频 | 韩国自拍偷自拍亚洲精品 | 久草免费新视频 | 国产成人在线网址 | 成人毛片免费 | 一区二区三区日本视频 | 国产杨幂福利在线视频观看 | 中文字幕一区二区三区精品 | 亚洲欧美一区二区久久 | 亚洲韩国欧美一区二区三区 | 国产在线99 | 99久久99久久精品免费看子 | 亚洲欧美视频在线观看 | 美国一级毛片视频 | 欧美日韩一区二区中文字幕视频 | 欧美一区二区日韩一区二区 | 男女一级 | 宫女淫春 | 日韩a一级欧美一级在线播放 | 日本免费在线 | 色秀视频在线观看88品善网 | 99精品视频在线观看免费 | 国产成人精品一区二三区在线观看 | 99热久久国产综合精品久久国产 | 国产精品久久久久久久毛片 | 亚洲理论片在线中文字幕 |