Central Bank： The loan growth of the real estate industry showed a sustained recovery trend.
BEIJING, July 14 (Xinhua) Ruan Jianhong, spokesman of the People’s Bank of China and director of the Survey and Statistics Department, said on the 14th that in the first half of the year, various loans of financial institutions increased by 15.73 trillion yuan, an increase of 2.02 trillion yuan over the same period of last year, indicating that the financial system has further increased its support for the real economy. From the perspective of industry investment, new loans were mainly invested in key areas such as manufacturing and infrastructure, and the growth of loans in the real estate industry also showed a sustained recovery trend, and the structure of the loan industry was further optimized.
Ruan Jianhong said that from the perspective of loan subjects, loans from enterprises (institutions) were the main body of loan increment in the first half of the year. In the first half of the year, loans from enterprises and institutions increased by 12.81 trillion yuan, an increase of 1.42 trillion yuan year-on-year, accounting for 81.5% of the total credit increase. Household loans increased by 2.80 trillion yuan, an increase of 572.3 billion yuan. The main reason for the increase in household loans is the increase in personal business loans and short-term consumer loans. In the first half of the year, personal business loans increased by 2.3 trillion yuan, an increase of 759.3 billion yuan over the same period of last year; Personal short-term consumer loans increased by 300.9 billion yuan, an increase of 401.9 billion yuan.
From the perspective of industry investment, new loans were mainly invested in key areas such as manufacturing and infrastructure, and the growth of loans in the real estate industry also showed a sustained recovery trend, and the structure of the loan industry was further optimized. Specifically:
The growth rate of medium and long-term loans in manufacturing industry maintained a high level. At the end of June, the medium and long-term loans of manufacturing industry increased by 40.3% year-on-year, 10.7 percentage points higher than the same period of last year, and 22.3 percentage points higher than the growth rate of medium and long-term loans of all industries. In the first half of the year, loans increased by 2.15 trillion yuan, an increase of 821.9 billion yuan year-on-year. Among them, the medium and long-term loans of high-tech manufacturing industry increased by 41.5% year-on-year, 11.5 percentage points higher than the same period of the first half of the year. In the first half of the year, the medium and long-term loans for new high-tech manufacturing industries were 483.5 billion yuan, an increase of 184.7 billion yuan year-on-year.
Look at the infrastructure industry. Medium-and long-term loans in the infrastructure industry grew rapidly. At the end of June, medium and long-term loans in infrastructure industry increased by 15.8% year-on-year, 3.3 percentage points higher than the same period of last year. In the first half of the year, it increased by 3.25 trillion yuan, an increase of 1.1 trillion yuan over the same period of last year.
The growth rate of medium and long-term loans in the real estate industry continued to rise. At the end of June, the medium and long-term loans in the real estate industry increased by 7.1%, 0.2 and 8.5 percentage points higher than the end of last month and the same period of last year respectively, and the growth rate has been rising for 11 consecutive months. In the first half of the year, the real estate industry added 628.7 billion yuan in medium and long-term loans, an increase of 459 billion yuan year-on-year.
Ruan Jianhong pointed out that in the next step, the People’s Bank of China will continue to give full play to the dual functions of monetary policy tools, maintain a reasonable growth of credit and a stable pace, and continue to increase support for key areas and weak links of the national economy to help the real economy to further improve.