Core Insights - The People's Bank of China Qinghai Branch reported a reasonable growth in total deposits and loans in Qinghai Province, reflecting the implementation of a moderately loose monetary policy and support for the real economy [1][2] Financial Overview - As of the end of June, the total balance of deposits in Qinghai Province was CNY 839.51 billion, a year-on-year increase of 4.6%, with an addition of CNY 11.16 billion in the first half of the year [1] - The total balance of loans in Qinghai Province was CNY 794.54 billion, a year-on-year increase of 1.2%, with an addition of CNY 7.72 billion in the first half of the year [1] Sector-Specific Insights - Industrial loans reached CNY 218.85 billion, a year-on-year increase of 9%, marking the highest level in five years, supporting major projects and financing needs [1][2] - Manufacturing loans amounted to CNY 42.95 billion, with a significant year-on-year increase of 27.2%, and the new loans in the first half were 11.8 times higher than the same period last year [2] - Green loans totaled CNY 213.11 billion, accounting for 26.8% of all loans, with energy transition loans at CNY 153.34 billion, representing 72% of green loans [2] - Inclusive micro-loans reached CNY 51.59 billion, a year-on-year increase of 9.2%, supporting 126,000 micro-enterprises [2] - Technology loans in the information transmission and technology services sectors reached CNY 2.06 billion, with a year-on-year increase of 77.6%, indicating strong support for tech enterprises [2] Consumer Loan Insights - Household consumption loans totaled CNY 114.3 billion, with a year-on-year increase of 10.1%, reflecting the impact of government consumption policies [3] - Personal housing loans increased by CNY 4.12 billion, a year-on-year growth of 10.9%, while other consumption loans grew by 9.1% [3]

Group 1 - The core viewpoint is that Guizhou Province has maintained a high growth rate in inclusive microfinance loans, with credit loans accounting for over 50% of the total [1] - As of the end of June, the balance of inclusive microfinance loans in Guizhou reached 525.23 billion yuan, an increase of 32.49 billion yuan from the beginning of the year, representing a year-on-year growth of 12.9%, which is 7.7 percentage points higher than the growth rate of various loans during the same period [1] - The balance of loans for small enterprises with a single credit limit of less than 10 million yuan was 247.38 billion yuan, increasing by 21.89 billion yuan from the beginning of the year, with a year-on-year growth of 18.3% [1] Group 2 - The balance of inclusive microfinance credit loans was 293 billion yuan, accounting for 55.8% of the total inclusive microfinance loans, which is an increase of 0.9 percentage points from the end of the previous year [1] - Guizhou Province has optimized the credit structure in the first half of the year, providing precise support for the high-quality development of the real economy, with industrial loans and infrastructure-related loans continuing to grow [1] - The balance of industrial loans and new industrialization loans was 519.31 billion yuan and 423.59 billion yuan, respectively, with year-on-year growth rates of 13.1% and 16% [1] Group 3 - The balance of infrastructure-related medium and long-term loans was 1,504.91 billion yuan, with a year-on-year growth of 5.6%, which continues to exceed the growth rate of various loans during the same period [1] - The balance of green loans reached 844.03 billion yuan, increasing by 33.31 billion yuan from the beginning of the year, representing a growth of 4.1% [2]