Great news coming from the financial world! Recent data shows that in the first half of 2025, China’s monetary policy has played a major role in powering the real economy. 🎉
By the end of June, China's total social financing scale hit an impressive 430.22 trillion yuan, growing by 8.9% year-on-year. Out of this, RMB loans to the real economy reached 265.22 trillion yuan—a solid 7% increase from the previous year—providing a vital boost to business investments and infrastructure development.
New yuan-denominated loans in H1 amounted to 12.92 trillion yuan, with a whopping 11.57 trillion yuan directed towards enterprises. This means that 89.5% of the total new loans were channeled into supporting key areas like manufacturing and infrastructure, which are essential for economic growth.
Officials from the People's Bank of China, including Yan Xiandong and Zou Lan, highlighted that these monetary policy measures have been successful in stabilizing market confidence and reducing borrowing costs. In fact, the weighted average interest rate for new corporate loans dropped to around 3.3%, about 45 basis points lower than the same period last year! 📉
For tech-savvy entrepreneurs and young professionals across South and Southeast Asia, this is an encouraging sign. Easier access to funding and lower loan rates create a fertile ground for innovative ideas and startups to flourish. 🚀
Looking ahead, the PBOC plans to maintain a moderately loose monetary policy and further refine its market-oriented interest rate regulation. This forward-thinking approach is expected to continue supporting high-quality development and could inspire more opportunities for emerging businesses worldwide.
Stay tuned for more updates as these financial trends evolve and shape a dynamic economic landscape!
Reference(s):
cgtn.com
