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 / Finance

China's new yuan loans leap Jan-Sept

(Xinhua) Updated: 2013-10-15 09:37

BEIJING -- China's new yuan-denominated lending in the first three quarters this year reached 7.28 trillion yuan ($1.18 trillion), an increase of 557 billion yuan from a year earlier, according to a statement issued by the central bank on Monday.

The new lending increase was the second highest in the country's history, only after that for the same period of 2009, when lending stood at 8.67 trillion yuan.

According to the People's Bank of China (PBOC), new yuan loans in September stood at 787 billion yuan, 164.4 billion yuan more than a year ago.

China's new yuan loans leap Jan-Sept

"Although the new loans reading was significantly above market expectations compiled by Bloomberg, the consensus reading (675 billion yuan) was revised up to around 800 billion yuan last week as more information became available, so markets won't be too surprised," said Lu Ting and Zhi Xiaojia, China economists with Bank of America Merrill Lynch, in a research note.

M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 14.2 percent year on year to 107.74 trillion yuan at the end of September, according to the Chinese central bank.

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, expanded 8.9 percent last month. The growth rate was 1 percentage point lower than the previous month.

China's yuan-denominated deposits totaled 103.09 trillion yuan by the end of September, an increase of 14.6 percent from a year earlier.

In the first three quarters this year, new yuan deposits amounted to 11.27 trillion yuan. In September, new yuan deposits rose by 1.63 trillion yuan, decreasing 26.7 billion yuan from a year earlier.

China's foreign reserve increased by $160 billion in the third quarter this year to reach $3.66 trillion?at the end of September, according to the statement.

"Overall we saw stable and robust credit growth in September, and capital flowed into China again in the third quarter of 2013 despite capital flight in many other emerging economies on fear of an incoming US QE [quantitative easing] tapering," Lu and Zhi said in the note emailed to Xinhua.

They maintained that policy easing by China will taper off, but there will be a small risk of imminent tightening or a reversal of policies.

Given the current growth momentum, the Chinese government could easily achieve its 7.5-percent expansion target, but CPI inflation will be edging towards the cap at 3.5 percent and house prices are rising at an annual rate of around 9 percent, they said.

"More specifically, we expect no moves on reserve requirement ratio (RRR) or policy rates, and we expect the PBOC to continue using open market operations to deliver stable interbank rates," they said, referring to the RRR for lenders.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美级毛片 | 成 人 动漫在线观看网站网站 | 免费一级网站免费 | 久久久久久久久久久大尺度免费视频 | 欧美一级毛片高清视频 | 久久久久国产 | 日韩欧美在线播放视频 | 亚洲欧美日本综合一区二区三区 | 欧美激情国产一区在线不卡 | 久久国产亚洲 | 亚洲码在线观看 | 欧美日本综合一区二区三区 | 伊人波多野结衣 | 玖玖玖视频在线观看视频6 玖玖影院在线观看 | 国产91网址 | 最新久久免费视频 | 成人精品视频一区二区三区 | 亚州国产视频 | 日韩麻豆| 国产高清国产专区国产精品 | 国产成人影院一区二区 | 一级日韩 | 成人韩免费网站 | 国产欧美日本在线观看 | 国产精品永久免费视频观看 | 成人在线观看午夜 | 免费播放aa在线视频成人 | 91成年人免费视频 | 日韩美女大全视频在线 | 国产精品国产高清国产专区 | 免费欧洲毛片a级视频 | 欧美日本免费观看αv片 | 日韩在线视精品在亚洲 | 日韩精品一区二区三区视频网 | 在线 中文字幕 日韩 欧美 | 亚洲毛片免费观看 | 国产成人最新毛片基地 | 久久久久久综合成人精品 | 欧美精品成人 | 美女视频永久黄网站免费观看韩国 | 精品视频免费在线 |