Core Insights - The People's Bank of China emphasizes the importance of financial services to the real economy, aiming to steadily expand the financing scale of financial markets and optimize the financing structure [1] Group 1: Financial Market Developments - The bond market financing scale is being steadily expanded, significantly increasing the proportion of direct financing [1] - As of August 2025, the bond market custody balance in China reached 192 trillion yuan, maintaining the second position globally, with a growth of 64.2% compared to the end of 2020 [1] - The balance of corporate credit bonds is 34.1 trillion yuan, making it the second-largest financing channel for real enterprises after bank credit [1] Group 2: Support for the Real Economy - During the 14th Five-Year Plan period, the net financing scale of bonds in China reached 55.7 trillion yuan, accounting for 35.3% of the incremental social financing scale, providing strong support for economic growth [1]
人民银行:我国债券市场托管余额192万亿元,稳居全球第二位
Bei Jing Shang Bao·2025-10-16 12:21