Core Insights - The People's Bank of China reported an increase of 12.31 trillion yuan in loans to the real economy, which is a year-on-year decrease of 694 billion yuan [1] - The total social financing scale increased by 23.99 trillion yuan in the first seven months of 2025, which is 5.12 trillion yuan more than the same period last year [1] Loan Breakdown - Loans in foreign currency to the real economy decreased by 725 billion yuan, a year-on-year decrease of 245 billion yuan [1] - Entrusted loans decreased by 689 billion yuan, which is a year-on-year increase of 116 billion yuan in the rate of decrease [1] - Trust loans increased by 1.592 trillion yuan, a year-on-year decrease of 1.48 trillion yuan [1] - Undiscounted bank acceptance bills decreased by 2.196 trillion yuan, a year-on-year decrease of 1.243 trillion yuan [1] Financing Activities - Net financing through corporate bonds amounted to 1.43 trillion yuan, which is a year-on-year decrease of 1.849 trillion yuan [1] - Government bond net financing reached 8.9 trillion yuan, a year-on-year increase of 4.88 trillion yuan [1] - Domestic stock financing for non-financial enterprises was 221.2 billion yuan, a year-on-year increase of 76.7 billion yuan [1]

Monetary Supply - M2 money supply year-on-year rate was 8.8%, exceeding the expected 8.3% and the previous value of 8.3% [1] - M1 year-on-year rate was 5.6%, exceeding the expected 5.2% and the previous value of 4.6% [1] - M0 year-on-year rate was 11.8%, compared to the previous 12% [1] Social Financing - In the first seven months, the increase in social financing scale was 23.99 trillion yuan (2399 billion yuan), with a year-on-year increase of 5.12 trillion yuan (512 billion yuan) [1] RMB Loans - RMB loans increased by 12.31 trillion yuan (1231 billion yuan) in the first seven months, with a year-on-year decrease of 69.4 billion yuan (69400 million yuan) [1] - RMB loans decreased by 43 billion yuan (43000 million yuan) in July, marking the first negative value in July since 2005 [1]

Core Insights - The total social financing scale increment in China from January to July reached 239.9 billion RMB, an increase from the previous value of 228.3 billion RMB [1] Summary by Categories - **Social Financing Scale** - The increment for the first seven months of the year is reported at 239.9 billion RMB [1] - This represents an increase compared to the prior value of 228.3 billion RMB [1]

Monetary Supply - M2 money supply increased by 83% year-on-year, exceeding expectations of 81% and the previous value of 79% [1] - M1 money supply increased by 46% year-on-year, exceeding expectations of 28% and the previous value of 23% [1] - M0 money supply increased by 12% year-on-year, slightly lower than the previous value of 121% [1] Financing and Loans - The increase in social financing scale in the first six months was 2283 trillion yuan (42 trillion yuan newly added in June), an increase of 474 trillion yuan year-on-year [1] - RMB loans increased by 1274 trillion yuan (236 trillion yuan newly added in June), an increase of 2796 billion yuan year-on-year [1]

中国1-6月份社会融资规模增量22.83万亿元，比上年同期多4.74万亿元。 ...

中国6月今年迄今社会融资规模增量 228300亿元，预期224307亿元，前值186300亿元。 ...

Group 1 - The total social financing scale increment in China from January to May is 18.63 trillion RMB, an increase from the previous value of 16.34 trillion RMB [1] - The new RMB loans added in China from January to May amount to 10.68 trillion RMB, up from the previous value of 10.06 trillion RMB [1]

Core Insights - In May, China's new social financing scale reached 18.63 trillion yuan, slightly below the expected 18.67 trillion yuan and higher than the previous value of 16.34 trillion yuan [1] Summary by Categories - **Social Financing Scale** - The new social financing scale for May 2023 is reported at 18.63 trillion yuan [1] - The expected figure was 18.67 trillion yuan, indicating a minor shortfall [1] - The previous month's value was 16.34 trillion yuan, showing an increase compared to the prior period [1]

智通财经5月14日电，中国1-4月社会融资规模增量16.34万亿元，比上年同期多3.61万亿元，市场预估为 16.58万亿元，1-3月为15.18万亿元。其中，对实体经济发放的人民币贷款增加9.78万亿元，同比多增 3397亿元；对实体经济发放的外币贷款折合人民币减少1098亿元，同比多减2311亿元；委托贷款增加53 亿元，同比多增959亿元；信托贷款增加454亿元，同比少增1672亿元；未贴现的银行承兑汇票增加2506 亿元，同比多增1494亿元；企业债券净融资7591亿元，同比少4095亿元；政府债券净融资4.85万亿元， 同比多3.58万亿元；非金融企业境内股票融资1353亿元，同比多404亿元。 中国1-4月社会融资规模增量16.34万亿元 比上年同期多3.61万亿元 ...

中国4月今年迄今社会融资规模增量 163400亿元，预期165771亿元，前值151800亿元。 ...