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 Silk Road Database
Industry

【Financial Str. Release】China sees growing demand for loans in Q1: report

April 06, 2022


Abstract : China's overall loan demand index in the first quarter of the year stood at 72.3 percent, up 4.6 percentage points from the fourth quarter (Q4) of 2021, a central bank report showed.

File Photo shows the headquarters of the People's Bank of China in Beijing, capital of China. (Xinhua/Cai Yang)

BEIJING, April 5 (Xinhua) -- China's overall loan demand index in the first quarter of the year stood at 72.3 percent, up 4.6 percentage points from the fourth quarter (Q4) of 2021, a central bank report showed.

In the period, demand for credit rose from Q4 last year in multiple sectors, including manufacturing, infrastructure, wholesale and retail as well as real estate, according to a banker survey report from the People's Bank of China.

In breakdown, the index measuring loan demand in the infrastructure sector hit 67.3 percent, up 6.5 percentage points from Q4 last year. The indices for manufacturing and real estate rose 3.3 percentage points and 2.8 percentage points, respectively.

The report also showed that the index measuring large companies' demand for credit climbed 3.2 percentage points from Q4 2021, while that for micro and small businesses went up 3.6 percentage points.

Scan the QR code and push it to your mobile phone

Keyword: loans Financial Str. Release

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.

Identifying code 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