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
Economy

Balance of loans in Shanghai up 6.5 pct at end of September

October 20, 2023


Abstract : The balance of loans in Shanghai, including all currencies, rose 6.5 percent year on year to 11.02 trillion yuan (about 1.53 trillion U.S. dollars) at the end of September, official data showed.

SHANGHAI, Oct. 20 (Xinhua) -- The balance of loans in Shanghai, including all currencies, rose 6.5 percent year on year to 11.02 trillion yuan (about 1.53 trillion U.S. dollars) at the end of September, official data showed.

Of the total, the balance of loans in Chinese yuan went up 8.4 percent year on year to 10.43 trillion yuan, according to the People's Bank of China Shanghai Head Office.

The balance of foreign loans stood at 83.3 billion dollars at the end of last month, down 19.6 percent from the same period of 2022.

The data also revealed that the balance of Shanghai's deposits climbed 4.7 percent compared with a year earlier to reach 20.02 trillion yuan at the end of September.

Scan the QR code and push it to your mobile phone

Keyword: Shanghai Balance of loans

Reading:

China Focus: WorldCon ushers in more opportunities for Chengdu as "sci-fi incubator"

Chinese FM meets high-level representative of Greek PM

Chinese vice president meets Republic of the Congo president

Chinese vice premier meets Sri Lankan president

Senior CPC official meets Vietnamese president

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