Group 1 - The People's Bank of China reported an increase in social financing scale growth under proactive fiscal policy, with a total social financing scale of 426.16 trillion yuan as of May 2025, reflecting a year-on-year growth of 8.7% [4] - The total amount of RMB loans to the real economy reached 262.86 trillion yuan, with a year-on-year increase of 7% [4] - The total RMB deposits increased by 14.73 trillion yuan in the first five months, with household deposits rising by 8.3 trillion yuan [2] Group 2 - The broad money supply (M2) stood at 325.78 trillion yuan at the end of May, showing a year-on-year growth of 7.9% [1] - The narrow money supply (M1) was recorded at 108.91 trillion yuan, with a year-on-year increase of 2.3% [1] - In the first five months, RMB loans increased by 10.68 trillion yuan, with household loans rising by 572.4 billion yuan and corporate loans increasing by 9.8 trillion yuan [1]

图片来源：智通财经 近期，外资对人民币资产的投资热情再度升温。 5月19日，国家外汇管理局副局长、新闻发言人李斌就2025年4月外汇收支形势回答记者提问时表示，4月份，外资配置 人民币资产意愿持续向好。4月外资净增持境内债券109亿美元，处于较高水平。4月下旬外资投资境内股票转为净买 入。 在同一天举行的深交所2025全球投资者大会上，中国证监会副主席李明表示，"目前，各类境外投资者持有A股流通市 值稳定在3万亿元左右，是A股市场的重要参与力量。我们相信，随着中国经济高质量发展成效的进一步彰显，随着改 革开放活力的进一步释放，中国资本市场必将成为更多外资投资兴业的重要平台，为全球投资者共享中国发展红利提供 更多机遇。" 与此同时，在上述深交所主办的2025全球投资者大会上，多家外资机构发声表示，根据其内部调研数据，全球投资者对 中国市场的信心正在增强。 未来资产环球投资（香港）有限公司首席投资官Joohee An(安珠姬)表示："外资机构正逐步提升中国资产配置比例，预 期企业盈利的下行风险有限，市场也将迎来价格重估。" "近期通过与海外投资者频繁沟通，我感受到无论是量化基金还是做市商，鉴于流动性等需求，一些海 ...