View of the Lujiazui area of Pudong, east China's Shanghai. (Xinhua/Ding Ting)
SHANGHAI, Dec. 11 (Xinhua) -- The balance of loans in Shanghai stood at 9.35 trillion yuan (about 1.47 trillion U.S. dollars) at the end of October, up 11.4 percent from the same period last year.
The balance of loans in Chinese yuan reached 8.57 trillion yuan at the end of October, up 11.2 percent year on year, 0.1 percentage points lower than the previous month in growth rate, according to the People's Bank of China Shanghai Head Office.
In October, new yuan loans stood at 35.7 billion yuan, 2.6 billion yuan less than the same period last year.
The balance of foreign currency loans hit 121.8 billion U.S. dollars at the end of October, up 19.8 percent year on year.
As of the end of October, the balance of Shanghai's deposits stood at 17.2 trillion yuan, climbing 14.4 percent over one year earlier.
A single purchase
