Core Insights - The financial operation in Zhejiang province for the first half of 2025 shows stability in total volume, improved structure, reduced costs, and enhanced quality and efficiency, providing strong financial support for high-quality economic development in the region [1] Financial Performance - As of the end of June, the total balance of deposits in financial institutions in Zhejiang reached 24.34 trillion yuan, a year-on-year increase of 7.7%, with an addition of 1.39 trillion yuan since the beginning of the year, which is 872.3 billion yuan more than the same period last year [1] - The balance of loans in financial institutions in Zhejiang reached 25.34 trillion yuan, with a year-on-year growth of 9.0%, exceeding the national growth rate by 2.2 percentage points, and an increase of 1.56 trillion yuan since the beginning of the year, which is 25.8 billion yuan more than last year [1] - The new social financing scale in Zhejiang for the first half of the year was 1.90 trillion yuan, which is 211.3 billion yuan more than the same period last year, maintaining a leading position nationwide [1] Policy Implementation - A series of monetary policies have been implemented to benefit the real economy in Zhejiang, including targeted support for agriculture and small enterprises, with a special quota of 20 billion yuan for three key areas: foreign trade, consumption, and technological innovation, resulting in over 200 billion yuan in loans benefiting more than 1 million market entities [1] - The province has optimized the mechanism for special re-loan tools for technological innovation and transformation, with the approved amount for such loans ranking second nationwide, and loans for the technology service industry growing by 20.4% year-on-year [2] - Zhejiang has effectively utilized the bond market for "technology board" policies, with 14 enterprises and institutions issuing a total of 28.41 billion yuan in technology innovation bonds by the end of June [2]
浙江:上半年金融运行“总量稳、结构优、成本降、质效升”
Xin Hua Cai Jing·2025-07-30 13:40