央行：房地产贷款增速回升

Core Viewpoint - The overall balance of RMB loans in financial institutions reached 268.56 trillion yuan by the end of Q2 2025, with a year-on-year growth of 7.1% and an increase of 12.92 trillion yuan in the first half of the year [1] Group 1: Corporate Loans - The balance of corporate loans in both domestic and foreign currencies reached 182.47 trillion yuan by the end of Q2 2025, with a year-on-year growth of 8.6% and an increase of 11.5 trillion yuan in the first half of the year [2] - Short-term loans and bill financing balance was 62.04 trillion yuan, growing by 9.4% year-on-year, with an increase of 4.25 trillion yuan in the first half [2] - Medium and long-term loans balance was 116.79 trillion yuan, with a year-on-year growth of 8.3%, increasing by 7.08 trillion yuan in the first half [2] Group 2: Industrial and Infrastructure Loans - The balance of medium and long-term loans for the industrial sector reached 26.27 trillion yuan, with a year-on-year growth of 10.7%, increasing by 1.74 trillion yuan in the first half [3] - Medium and long-term loans for the service industry reached 71.62 trillion yuan, growing by 6.8% year-on-year, with an increase of 3.99 trillion yuan in the first half [3] - Medium and long-term loans for infrastructure-related industries reached 43.11 trillion yuan, with a year-on-year growth of 7.4%, increasing by 2.18 trillion yuan in the first half [3] Group 3: Inclusive and Green Loans - The balance of inclusive micro and small loans reached 35.57 trillion yuan, with a year-on-year growth of 12.3%, increasing by 2.63 trillion yuan in the first half [4] - The balance of green loans reached 42.39 trillion yuan, growing by 14.4% since the beginning of the year, with an increase of 5.35 trillion yuan in the first half [5] - Loans for infrastructure green upgrades, energy low-carbon transitions, and ecological protection reached 18.75 trillion yuan, 8.25 trillion yuan, and 4.95 trillion yuan respectively, with significant increases in the first half [5] Group 4: Agricultural Loans - The balance of agricultural loans reached 53.19 trillion yuan, with a year-on-year growth of 7.4%, increasing by 3.07 trillion yuan in the first half [6] - Rural loans reached 38.95 trillion yuan, growing by 7.4% year-on-year, with an increase of 2.15 trillion yuan in the first half [6] - Agricultural loans balance was 6.9 trillion yuan, with a year-on-year growth of 8.1%, increasing by 5.451 trillion yuan in the first half [6] Group 5: Real Estate Loans - The balance of real estate loans reached 53.33 trillion yuan, with a year-on-year growth of 0.4%, increasing by 4.166 trillion yuan in the first half [7] - Real estate development loans reached 13.81 trillion yuan, growing by 0.3% year-on-year, with an increase of 2.926 trillion yuan in the first half [7] - Personal housing loans balance was 37.74 trillion yuan, with a slight year-on-year decline of 0.1%, but an increase of 510 billion yuan in the first half [7] Group 6: Support for Technology Enterprises - A total of 27.4 million technology-based SMEs received loan support, with a loan acquisition rate of 50%, up by 3.2 percentage points year-on-year [8] - The balance of loans for technology-based SMEs reached 3.46 trillion yuan, with a year-on-year growth of 22.9%, significantly higher than the overall loan growth [8] - High-tech enterprises received support with a loan balance of 18.78 trillion yuan, growing by 8.2% year-on-year, which is 1.4 percentage points higher than the overall loan growth [9] Group 7: Household Consumption Loans - The balance of household loans reached 84.01 trillion yuan, with a year-on-year growth of 3%, increasing by 1.17 trillion yuan in the first half [10] - Operating loans balance was 25.09 trillion yuan, growing by 5.4% year-on-year, with an increase of 923.8 billion yuan in the first half [10] - Consumption loans excluding personal housing loans reached 21.18 trillion yuan, with a year-on-year growth of 6%, increasing by 195 billion yuan in the first half [10]