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| China's yuan-denominated loans rose by 15.73 trillion yuan in the first half of the year, central bank data showed Tuesday. |
| In June alone, the yuan-denominated loans rose by 3.05 trillion yuan, according to the People's Bank of China. |
| The M2 climbed 11.3 percent year on year to 287.3 trillion yuan at the end of June. The growth rate was 0.3 percentage points lower than at the end of May, and 0.1 percentage points lower than at the end of June last year. |
| In the first six months of 2023, the central bank injected 78.9 billion yuan of net cash into the market. |
| Total new social financing in the first half of the year amounted to 21.55 trillion yuan, representing an increase of 475.4 billion yuan from the same period last year. Newly added social financing came in at 4.22 trillion yuan last month. |
| A data breakdown exhibited stepped-up support for the real economy from the financial sector, as loans to the real economy accounted for 72.4 percent of the total social financing in the first six months of this year, rising 7.8 percentage points compared with a year earlier. |
| Tuesday's data also showed China's new yuan deposits hit 20.1 trillion yuan in the January-June period, up by 1.3 trillion yuan from the same period last year. |
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