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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Rise in lending points to stability

By Wang Yanfei | China Daily | Updated: 2016-12-15 07:42

In line with recent upticks of indicators, higher than expected lending data in November show growing momentum for the stabilizing of the real economy, analysts said.

Total social financing, which is the central bank's measure of credit and liquidity in the economy, rose to 1.74 trillion yuan ($252.1 billion) in November from 896.3 billion yuan in October, data from the People's Bank of China showed on Wednesday.

New yuan loans issued by Chinese banks totaled 794.6 billion yuan in November, up from 651.3 billion yuan in October, data showed.

A breakdown of data by sectors showed that most new yuan loans went to mortgages, but rising demand for corporate lending points to a warming trend of the economy, according to Liu Dongliang, an analyst with China Merchants Securities.

Medium- to long-term housing loans issued to individuals totaled 569.2 billion yuan in November, up from 489.1 billion the previous month, while lending to nonfinancial sectors was 201.8 billion yuan, up from 72.8 billion in October.

"Rising demand for corporate lending provided some good news for stabilizing the economy," said Liu, adding that the data is in line with earlier indicators released by the National Bureau of Statistics.

Retail sales growth picked up to 10.8 percent year-on-year in November, which is the highest level since December last year, according to data released by the National Bureau of Statistics on Tuesday.

Commenting on the mortgage lending that went up month-on-month, Liang Hong, chief economist of China International Capital Corp, attributed strong demand for mortgages to the delayed effect of policies.

More than 20 first- and second-tier cities issued tightened policies to cool down the overheated housing market starting in October.

Data released by the NBS on Tuesday show that growth in home sales slowed to the slowest pace this year in November, and new construction starts rose by just 3.3 percent year-on-year in November, much lower than the previous month.

Liu expected that the proportion of mortgages will decline in the coming months.

Meanwhile, central bank data showed that M2, a broad measure of the money supply that covers cash in circulation and all deposits, grew by 11.4 percent year-on-year in November, while M1, a narrower measure of the money supply, rose 22.7 percent year-on-year.

"The underlying message by the central bank is that it will maintain a relatively loose environment for financing," said Liang.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: se94se欧美| 成人自拍网站 | 99视频在线观看高清 | 天海翼精品久久中文字幕 | 欧洲亚洲一区二区三区 | 国产孕妇孕交视频 | 性生i活一级一片 | 欧美日韩亚洲一区二区三区在线观看 | 久久国产精品自线拍免费 | 99免费精品视频 | 欧美日韩国产亚洲一区二区 | 免费国产一级特黄久久 | 色偷偷亚洲女人天堂观看欧 | 亚洲免费美女视频 | 国产一区不卡 | 波多野在线视频 | 女人张开腿给男人桶爽免费 | 高清视频一区 | 亚洲视频在线观看网址 | 成人精品一区二区三区 | 精品91| 在线观看精品视频网站www | 999国内精品永久免费视频 | 国产欧美一区二区三区在线 | 国产91香蕉 | 亚洲成人网页 | 亚洲精品久久99久久一区 | jizzjizz成熟丰满舒服 | 韩国美女一级片 | 久久久久久青草大香综合精品 | 欧美a大片 | 日韩三级黄色 | 在线视频99 | 手机毛片在线 | 中国国产一国产一级毛片视频 | 久草在线观看视频 | 久久久这里只有精品加勒比 | 久久国产一区二区 | 日韩成人在线观看 | 亚洲欧美一区二区三区孕妇 | 欧美精品一区二区三区在线 |