BEIJING — China’s real economy received a significant boost in the first half of 2025, as the country issued 12.92 trillion yuan (about 1.81 trillion U.S. dollars) in new yuan-denominated loans, according to data released by the central bank on Monday.
The monetary and credit policies implemented during this period have delivered clear results in supporting economic growth. Key indicators such as social financing, M2 money supply, and RMB loans all showed steady year-on-year growth, signaling a stable financial environment.
Financing costs continued to decline, with both corporate and personal mortgage loan rates dropping significantly compared to a year earlier. This reduction in borrowing costs has encouraged businesses and individuals to invest and spend, fueling economic activity.
Furthermore, credit allocation remained targeted and effective. Loans for green initiatives, technology, and inclusive finance all registered double-digit growth. This reflects strong policy-driven momentum toward sustainable development and innovation-led progress.
Analysts suggest that these trends indicate confidence in China’s economic policies and a commitment to fostering a resilient and dynamic economy in the face of global challenges.
