China’s Q1 2023 Financial Institutions Loan Report Shows Steady Growth in Corporate and Infrastructure Loans, Continued Rise in Industrial Loans, and Record High in Inclusive Financial Loans.

The first quarter financial report for 2023 shows that financial institutions have increased their loans by 11.8%, with a balance of CNY 225.45 trillion, and increased their loans by CNY 10.6 trillion, up from CNY 2.27 trillion in the same period last year. In the first quarter, loans to enterprises increased by 14.3%, with a balance of CNY 148.38 trillion, and medium-to-long-term loans increased by 17.4%. Industrial loans and long-term loans for basic infrastructure grew, and loans in the inclusive financial sector achieved the highest quarterly increase to date.

http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4867343/index.html


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