China-Social Financing/Jan-Oct
China-Social Financing/Jan-Oct
Dateline : Nov 13, 2026/File
Location : China
Duration : 1'07
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of People's Bank of China (PBOC) headquarters
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
2. Traffic, building of PBOC Shanghai headquarters
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Various of bank clerks counting yuan banknotes; yuan banknotes going through cash counting machines
4. Various of bank clerks serving clients
5. Sign for personal loan center
6. Bank clerks serving clients at loan center for small, micro enterprises
7. Various of bank clerks serving clients
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
8. Aerial shots of cityscape
China's social financing grew by 28.61 trillion yuan (about 4.28 trillion U.S. dollars) in the first 10 months of the year, the People's Bank of China said on Friday.
By the end of October, outstanding aggregate financing to the real economy, or social financing stock, stood at 469.16 trillion yuan, up 7.2 percent year on year.
M2, a broad measure of money supply that covers cash in circulation and all deposits, reached 359.06 trillion yuan, up 7.1 percent from a year earlier, the central bank's data showed.
The numbers show a reasonable growth of the country's aggregate financial volume, which provides a sound monetary and financial environment for sustained economic development toward new drivers, quality and improvement.
Outstanding yuan loans stood at 283.33 trillion yuan at the end of October, up 4.7 percent year on year. Within that, medium and long-term loans to the service sector excluding real estate grew 9.2 percent, while inclusive loans to micro and small businesses rose 6.9 percent, showing credit expanding at a reasonable pace with an improving structure.
ID : 8508201
Published : 2026-11-13 22:07
Last Modified : 2026-11-13 22:13:46
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
More