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New yuan loans rise in Yangtze River Delta in first three quarters

Pub Date:2021-11-01 15:29 Source:Xinhua

New yuan loans in the Yangtze River Delta region stood at 5.11 trillion yuan (about 799.6 billion U.S. dollars) in the first three quarters in 2021, up by 306.9 billion yuan compared with the same period last year.

The balance of domestic and foreign currency loans in the region stood at 48.99 trillion yuan at the end of September, up 14.1 percent from the same period last year, according to the People's Bank of China Shanghai Head Office.

By the end of last month, the balance of loans in Chinese yuan was 47.73 trillion yuan, up 14.2 percent year on year, and loans in foreign currency hit 194.4 billion U.S. dollars, up 15.4 percent year on year.

The bank's data also revealed that new yuan deposits were at 4.93 trillion yuan in the January-September period, down 1.29 trillion yuan from the same period last year.

The balance of domestic and foreign currency deposits in the region stood at 59.95 trillion yuan at the end of last month, up 10.8 percent year on year.

Shanghai and the provinces of Jiangsu, Zhejiang and Anhui are under the ambit of the Yangtze River Delta region.


Editor:Rita

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