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China-Social Financing/July
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of People's Bank of China headquarters
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of bank clerk counting yuan banknotes, serving clients
Beijing, China- Aug 13, 2025 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Chinese) Wen Bin, chief economist, China Minsheng Bank:
"July is traditionally a slow month for credit, but it still witnessed a steady growth. This not only reflects the strong support of finance for the real economy, but also shows the recovery of the real economy and the gradual recovery of effective demand."
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
4. Aerial shots of city view
5. Various of equipment operating in factory
6. Aerial shots of city view
China’s social financing aggregate stood at 23.99 trillion yuan (about 3.34 trillion U.S. dollars) in the first seven months of this year, an increase of 5.12 trillion yuan compared to the same period of last year, according to the figures released by the People's Bank of China, the central bank, on Wednesday.
In the same period, China's yuan-denominated loans increased by 12.87 trillion yuan
At the end of July, the M2, a broad measure of money supply that covers cash in circulation and all deposits, came in at 329.94 trillion yuan, up 8.8 percent year on year.
The outstanding social financing to the real economy stood at 431.26 trillion yuan at the end of July, an increase of nine percent year-on-year.
"July is traditionally a slow month for credit, but it still witnessed a steady growth. This not only reflects the strong support of finance for the real economy, but also shows the recovery of the real economy and the gradual recovery of effective demand," said Wen Bin, chief economist of China Minsheng Bank.
China-Social Financing/July
Dateline : Aug 13, 2025/File
Location : Beijing,China
Duration : 1'11
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of People's Bank of China headquarters
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of bank clerk counting yuan banknotes, serving clients
Beijing, China- Aug 13, 2025 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Chinese) Wen Bin, chief economist, China Minsheng Bank:
"July is traditionally a slow month for credit, but it still witnessed a steady growth. This not only reflects the strong support of finance for the real economy, but also shows the recovery of the real economy and the gradual recovery of effective demand."
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
4. Aerial shots of city view
5. Various of equipment operating in factory
6. Aerial shots of city view
China’s social financing aggregate stood at 23.99 trillion yuan (about 3.34 trillion U.S. dollars) in the first seven months of this year, an increase of 5.12 trillion yuan compared to the same period of last year, according to the figures released by the People's Bank of China, the central bank, on Wednesday.
In the same period, China's yuan-denominated loans increased by 12.87 trillion yuan
At the end of July, the M2, a broad measure of money supply that covers cash in circulation and all deposits, came in at 329.94 trillion yuan, up 8.8 percent year on year.
The outstanding social financing to the real economy stood at 431.26 trillion yuan at the end of July, an increase of nine percent year-on-year.
"July is traditionally a slow month for credit, but it still witnessed a steady growth. This not only reflects the strong support of finance for the real economy, but also shows the recovery of the real economy and the gradual recovery of effective demand," said Wen Bin, chief economist of China Minsheng Bank.
ID : 8440750
Published : 2025-08-14 09:35
Last Modified : 2025-08-14 20:47:17
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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