普惠小微贷款增长较快 绿色贷款增加较多

Core Insights - The People's Bank of China reported a total loan balance of 268.56 trillion yuan at the end of Q2 2025, reflecting a year-on-year growth of 7.1% and an increase of 12.92 trillion yuan in the first half of the year [1] Loan Growth by Sector - Corporate loans showed stable growth, with a total balance of 182.47 trillion yuan at the end of Q2 2025, up 8.6% year-on-year, adding 11.5 trillion yuan in H1 2025 [1] - Short-term loans and bill financing reached 62.04 trillion yuan, growing 9.4% year-on-year, while medium to long-term loans totaled 116.79 trillion yuan, with an 8.3% increase [1] - Fixed asset loans amounted to 76.82 trillion yuan, up 7.8%, and operational loans reached 75.12 trillion yuan, growing 8% [1] Industry-Specific Loan Trends - Industrial and infrastructure-related medium to long-term loans grew rapidly, with a balance of 26.27 trillion yuan, reflecting a 10.7% increase year-on-year [1] - Service industry medium to long-term loans reached 71.62 trillion yuan, growing 6.8% year-on-year, while loans excluding real estate in the service sector grew by 7.3% [2] - Green loans saw significant growth, with a balance of 42.39 trillion yuan, increasing by 14.4% since the beginning of the year [2] Agricultural and Real Estate Loans - Agricultural loans totaled 53.19 trillion yuan, with a year-on-year growth of 7.4% [3] - Real estate loans showed a slight recovery, with a total balance of 53.33 trillion yuan, up 0.4% year-on-year [3][4] - Personal housing loans decreased slightly to 37.74 trillion yuan, down 0.1% year-on-year [4] Support for Technology and Innovation - Loans to technology-based SMEs reached 3.46 trillion yuan, growing 22.9% year-on-year, with a loan support rate of 50% [4] - High-tech enterprises received 18.78 trillion yuan in loans, reflecting an 8.2% year-on-year increase [5] Consumer Loans - Household loans totaled 84.01 trillion yuan, growing 3% year-on-year, with operational loans at 25.09 trillion yuan, up 5.4% [5]