Balance of loans up in China's Yangtze River Delta

(Xinhua) 09:33, July 10, 2023

SHANGHAI, July 8 (Xinhua) -- The balance of loans in the Yangtze River Delta region was 61.2 trillion yuan (about 8.5 trillion U.S. dollars) at the end of May, up 13.8 percent year on year.

Of the total, the balance of loans in Chinese yuan reached 60.05 trillion yuan at the end of May, up 14.5 percent year on year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans in the region was 162.4 billion U.S. dollars at the end of May, down 19.7 percent year on year.

The balance of the region's deposits stood at 73.17 trillion yuan by the end of May, up 12.1 percent compared to a year ago, according to the data.

(Web editor: Zhang Kaiwei, Liang Jun)


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