CCTV News (News Network): Data released by the People's Bank of China on April 13 showed that the growth rate of major financial indicators in the first quarter of this year has generally risen steadily, and finance continues to maintain solid support for the real economy.
At the end of March, the stock of social financing was about 423 trillion yuan, an increase of 8.4% year-on-year, and the growth rate accelerated. The balance of broad currency M2 is approximately 326 trillion yuan, an increase of 7% year-on-year, and the growth rate is basically stable. In the first quarter, RMB loans increased by 9.78 trillion yuan.
Loans increased year-on-year, and the credit structure also showed many highlights. In March, the balance of inclusive small and micro loans and the balance of medium and long-term loans in manufacturing increased by 12.2% and 9.3% year-on-year respectively, both higher than the growth rate of various loans during the same period.
