中国 新規元建て融資急減 2021年7月

China’s credit expansion slowed down in July as reflected by major indicators. New yuan loans extended by Chinese banks plunged to RMB 1.08tn in July from RMB 2.12tn in June, the lowest level since October 2020. China’s total social financing increased by RMB 1.06tn in July, the lowest level since February 2020. The outstanding total social financing rose 10.67% to RMB 302.49tn at the end of July from a year earlier.

Total social financing is China’s main gauge of credit growth, revealing the level of support by China’s domestic financial system to the private sector. It includes financing through both the banking system as well as the capital market.

Further data and analysis on China's economy are available on the CEIC China Economy in a Snapshot – Q3 2021 report.