广东活期存款增速连续8个月回升，活期化趋势显著

Core Viewpoint - The financial situation in Guangdong Province shows a steady increase in social financing and loans, indicating a positive trend in economic activity and financial support for the real economy [3]. Group 1: Social Financing and Loan Growth - From January to September 2025, the incremental social financing scale in Guangdong reached 2.4 trillion yuan, an increase of 337.4 billion yuan compared to the same period last year [3]. - As of the end of September, the balance of domestic and foreign currency loans in Guangdong was 29.9 trillion yuan, a year-on-year increase of 5.7%, with a 0.9 percentage point rise from the end of June [3]. - The balance of domestic and foreign currency deposits was 38.3 trillion yuan, growing by 5.3% year-on-year, which is a 0.9 percentage point increase from the previous year [3]. Group 2: Interest Rate Adjustments and Financial Costs - The average weighted interest rate for newly issued general loans in Guangdong was 2.94% in September 2025, down 57 basis points year-on-year [4]. - The average weighted interest rate for new corporate loans was 2.68%, a decrease of 47 basis points year-on-year, while the personal housing loan rate was 3.01%, down 13 basis points [4]. - The financial sector has increased efforts to reduce costs for the real economy, with comprehensive financing costs continuing to decline due to recent interest rate adjustments by the People's Bank of China [3][4]. Group 3: Cross-Border Financial Initiatives - The "Cross-Border Wealth Management Connect" pilot supports 170,000 individual investors in the Greater Bay Area to invest in cross-border financial products, with 126.2 billion yuan in fund transfers processed [4]. - Recent policies from the State Administration of Foreign Exchange aim to enhance the convenience of cross-border investment and financing, which will help attract foreign investment and promote high-quality economic development [4][5]. - Guangdong has been selected as one of the first regions for green foreign debt pilot projects and the expansion of Qualified Foreign Limited Partner (QFLP) foreign exchange management trials [5].