一季度，北京地区实体经济融资成本稳步下行

Financial Overview - In the first quarter, the financial institutions in Beijing increased credit support for the real economy, with the RMB loan balance growing by 5.1% year-on-year, and a two-year geometric average growth rate of 8.7%, adding 449.97 billion RMB since the beginning of the year [1] - The total social financing scale increased by 842.55 billion RMB in the first quarter, which is 271.23 billion RMB higher than the same period last year, indicating a historically high level [1] Credit Structure Optimization - The People's Bank of China, Beijing Branch, has been enhancing support for key areas and weak links, with green loan balances increasing by 140.03 billion RMB, accounting for 30.6% of the total loan increase [1] - Inclusive small and micro loans grew by 12.4% year-on-year, significantly outpacing the overall loan growth rate [1] Financing Costs - The loan market quotation rate reform has effectively reduced financing costs, with the average weighted interest rate for general loans in March at 3.49%, down 21 basis points year-on-year, and for corporate loans at 2.63%, down 34 basis points [2] - The total RMB deposit balance increased by 3.3% year-on-year, with household deposits growing by 9.9% and non-financial corporate deposits by 4.1%, which is 3.2 percentage points higher than the previous year [2] Long-term Funding Support - Long-term stable funding support for the real economy has increased, with corporate medium and long-term loans growing by 7.0% year-on-year, adding 197.54 billion RMB in the first quarter [3] - Medium and long-term loans in the manufacturing sector grew by 15.8%, outpacing the overall industry growth by 8.6 percentage points, while high-tech manufacturing loans increased by 11.4% [3] - The real estate sector also saw a significant increase in medium and long-term loans, growing by 13.2% year-on-year, with an increase of 49.77 billion RMB in the first quarter [3]