Financial Overview - The total financial volume in Ningxia maintained reasonable growth, with a year-end RMB loan balance of 10,452.75 billion and a deposit balance of 10,915.08 billion, reflecting a year-on-year growth of 8.6% [1] - New loans added in the year reached 487.83 billion, an increase of 82.95 billion compared to the previous year [1] Loan Distribution - The medium and long-term loan balance was 6,986.69 billion, with an annual increase of 221.72 billion, accounting for 45.5% of total loan growth, supporting major project construction and housing needs [1] - Short-term loans totaled 2,502.15 billion, with an annual increase of 163.20 billion, meeting short-term liquidity needs for businesses and individuals [1] Deposit Growth - Total deposits increased by 983.89 billion, with household deposits at 6,710.68 billion (up 9.2%), institutional and fiscal deposits at 2,370.31 billion (up 15.6%), and non-financial enterprise deposits at 1,605.27 billion (up 6.7%) [1] Social Financing - The social financing scale increased significantly, with a total increment of 1,256.05 billion, up 538.86 billion year-on-year [3] - Net financing from local government bonds increased by 252.01 billion, while corporate bonds and stock financing rose by 94.70 billion [3] Sector-Specific Loans - Industrial and infrastructure loans combined added 243.30 billion, which is 3.7 times the amount from 2024, with significant contributions from the electricity, heat, gas, and water supply sectors [3] - Personal consumption loans reached 2,416.29 billion, growing by 4.2%, with non-housing consumption loans increasing by 4.8% [3] Inclusive Finance - Loans to small and micro enterprises reached 2,941.63 billion, growing by 8.8%, outpacing overall loan growth by 5.3 percentage points [4] - Loans for technology innovation and "specialized, refined, distinctive, and innovative" small and medium enterprises grew by 16.6% and 11.6%, respectively [4] Green Financing - The balance of green loans was 1,853.83 billion, with a year-to-date growth of 14.6%, and new green loans added 270.04 billion, accounting for 55.4% of total loan growth [4] Interest Rate Policy - The Ningxia branch of the People's Bank of China implemented measures to lower financing costs, with the average interest rate for new corporate loans at 3.01% and for new personal housing loans at 3.10%, both at record low levels [4]