Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Economy

Businesses' demand for loans increases in Q1: central bank

May 06, 2020


Abstract : China saw stronger overall demand for loans in the first quarter of this year, a central bank survey showed.

BEIJING, May 1 (Xinhua) -- China saw stronger overall demand for loans in the first quarter of this year, a central bank survey showed.

The index for overall loan demand rose to 66 in Q1 from 65.4 in the last quarter, according to a People's Bank of China (PBOC) survey of bankers.

A breakdown of the data showed the manufacturing and infrastructure sectors both recorded higher demand for credit support in Q1 than last quarter.

The loan demand index for manufacturing in Q1 was 65.6, up from 59.2 in the last quarter, while that for the infrastructure sector expanded to 62.3 from 60.6.

Another separate central bank report also showed that businesses were faced with more cash strains in the first quarter.

The capital turnover index of businesses came in at 45.4 in the first three months, down from 59 in the last quarter. Enditem

Scan the QR code and push it to your mobile phone

Keyword: business loans

Reading:

E-commerce goods exported from C.China Henan to London via Chang'an freight train

China's Haier Smart Home reports 9 pct revenue growth in 2019

Economic Watch: China's manufacturing sector expands in April as production restoration quickens

Property developer Greenland posts 30 pct net profit growth in 2019

China's Zhejiang hosts online services trade exhibition

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial