China's financing activities remain steady
6 months, 1 week ago

China's financing activities remain steady

China Daily  

This undated file photo shows an exterior view of the People's Bank of China in Beijing, capital of China. China's financing activity remained lukewarm as the increment in aggregate social financing — the total amount of financing to the real economy — stood at 14.8 trillion yuan in the first five months of 2024, down by 2.52 trillion yuan compared with the same period of last year, official data showed. The People's Bank of China, the country's central bank, said on Friday that China's outstanding aggregate social financing came in at 391.93 trillion yuan as of the end of May, up 8.4 percent year-on-year. Meanwhile, the PBOC said that the increment in yuan-denominated loans came in at 11.14 trillion yuan in the first five months of the year, compared with 10.19 trillion yuan during the first four months. The broad money supply, or M2, stood at 301.85 trillion yuan as of the end of May, up 7 percent year-on-year, down from 7.2 percent a month earlier.

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History of this topic

China's general public budget revenue sees accelerated growth in November
1 week ago

China's general public budget revenue sees accelerated growth in November

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-12-17 19:53 China's general public budget revenue, which is the sum-up of tax revenue and nontax revenue, in November reached about 1.4 trillion yuan, representing an 11 percent year-on-year increase, according to a calculation by Huatai Securities based on the data from the Ministry of Finance. The country's tax revenue grew by 5.3 …

China conducts 900-billion-yuan MLF operation to sustain banking liquidity
4 weeks, 1 day ago

China conducts 900-billion-yuan MLF operation to sustain banking liquidity

China Daily  

Xinhua | Updated: 2024-11-25 15:30 Headquarters of the People's Bank of China, the central bank, is pictured in Beijing. BEIJING - China's central bank on Monday conducted a 900-billion-yuan medium-term lending facility operation to maintain reasonable and ample liquidity in the country's banking system. The MLF operation features a one-year maturity period and an interest rate of 2 percent, unchanged …

Policy support driving V-shaped recovery in Q4, experts say
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities Association of China, said that by advancing investment projects, the ongoing round of …

Policy support driving V-shaped recovery in Q4, experts say
Top News
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

The skyline of Beijing. There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities Association of China, said that by advancing investment projects, …

Policy support driving V-shaped recovery in Q4, experts say
Top News
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

The skyline of Beijing. There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities Association of China, said that by advancing investment projects, …

Policy support driving V-shaped recovery in Q4, experts say
Top News
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

By Zhou Lanxu | chinadaily.com.cn | Updated: 2024-11-20 14:59 The skyline of Beijing. There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities …

Policy support driving V-shaped recovery in Q4, experts say
Top News
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

The skyline of Beijing. There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities Association of China, said that by advancing investment projects, …

Policy support driving V-shaped recovery in Q4, experts say
1 month ago

Policy support driving V-shaped recovery in Q4, experts say

China Daily  

The skyline of Beijing. There are signs of a "V-shaped" recovery in the Chinese economy with a raft of policy support measures taking swift effect and more spending plans in the pipeline to consolidate the momentum, experts at national think tanks said. Dong Shaopeng, an advisory committee member of the Securities Association of China, said that by advancing investment projects, …

Money supply giving off recovery signs
1 month, 1 week ago

Money supply giving off recovery signs

China Daily  

China's key money supply indicator improved for the first time in nine months, pointing to rising spending appetites among market players and adding to signs that the raft of measures to revive confidence has shown initial results, analysts said. The country's M1 money supply — which consists of cash in circulation and corporate demand deposits — stood at 63.34 trillion …

China’s 10-year bond yields drop amid $1.4 billion debt refinancing program, more stimulus awaited
1 month, 2 weeks ago

China’s 10-year bond yields drop amid $1.4 billion debt refinancing program, more stimulus awaited

Live Mint  

Yield for China's benchmark 10-year bonds have slid to their lowest in over a month after the government announced its 10 trillion yuan or $1.4 billion worth debt refinancing programme, Bloomberg reported. China's Debt Refinancing Programme — The Details The announcement was made after the National People’s Congress Standing Committee meeting on November 8, to “underwhelmed” reactions, as per the …

China approves $840B plan to refinance local government debt, boost slowing economy
1 month, 2 weeks ago

China approves $840B plan to refinance local government debt, boost slowing economy

Associated Press  

BEIJING — China on Friday approved a 6 trillion yuan plan to help local governments refinance their mountains of debt, in the latest push to rev up growth in the world’s second largest economy. Finance minister Lan Fo’an estimated that the hidden debt of local governments was 14.3 trillion yuan at the end of 2023. Lan said 2 trillion yuan …

China economy: Beijing approves $1.4 trillion debt package in latest measure to boost flagging growth
1 month, 2 weeks ago

China economy: Beijing approves $1.4 trillion debt package in latest measure to boost flagging growth

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China has approved a 10 trillion yuan plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures to counter a potentially …

China redoubles first-aid for its economy with support for banks and workers
2 months, 3 weeks ago

China redoubles first-aid for its economy with support for banks and workers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Unconfirmed reports Thursday by the South China Morning Post …

China's foreign exchange reserves up 0.98% in August
3 months, 2 weeks ago

China's foreign exchange reserves up 0.98% in August

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. BEIJING -- China's foreign exchange reserves totaled $3.2882 trillion as of the end of August, up by $31.8 billion, or 0.98 percent compared to the end of July, official data showed Saturday. China's foreign exchange reserves have remained stable above $3.2 trillion …

China's general public budget expenditure rises
3 months, 3 weeks ago

China's general public budget expenditure rises

China Daily  

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. China's general public budget expenditure expanded 2.5 percent year-on-year in the first seven months of 2024 and is poised to maintain a steady growth trend over the coming months, the Ministry of Finance said on Monday. According to the ministry, the country's general public budget expenditure amounted to …

China's fiscal revenue down 2.6% in Jan-July
3 months, 4 weeks ago

China's fiscal revenue down 2.6% in Jan-July

China Daily  

File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China's Jiangsu province. BEIJING -- China's fiscal revenue dipped 2.6 percent year-on-year in the first seven months of this year, official data showed Monday. A breakdown of the data showed the country's tax revenue decreased 5.4 percent from one year earlier, while its non-tax revenue …

China's banking sector assets growing steadily: regulator
4 months ago

China's banking sector assets growing steadily: regulator

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. BEIJING - China's banks have seen steady asset expansion since the start of the year, an official with the country's financial regulator said on Wednesday. The assets of financial institutions in China's banking sector grew 7 percent year-on-year to 423.8 trillion yuan at the end …

Foreign holdings of Chinese bonds see net increase of $20b in July
4 months, 1 week ago

Foreign holdings of Chinese bonds see net increase of $20b in July

China Daily  

BEIJING - The net increase in foreign holdings of domestic bonds stood at $20 billion in July, soaring 1.4 times from the previous month, data from China's State Administration of Foreign Exchange showed Thursday. Foreign investors were still highly motivated to allocate RMB assets as cross-border capital flow improved in July, it said. China's foreign trade also continued to grow …

China EximBank increases loans to foreign trade industry in H1
4 months, 2 weeks ago

China EximBank increases loans to foreign trade industry in H1

China Daily  

This aerial drone photo taken on May 9, 2024 shows a freight ship docking at the container terminal of Lianyungang Port, East China's Jiangsu province. BEIJING -- The Export-Import Bank of China beefed up credit support for the development of the country's foreign trade industry in the first half of 2024, with loans offered to the sector up 13.27 percent …

China to step up fiscal policy implementation to spur economic recovery: official
4 months, 3 weeks ago

China to step up fiscal policy implementation to spur economic recovery: official

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. The country will issue the ultra-long special treasury bonds in a timely manner and make good use of the funds raised from the bond sales, Lin Zechang, of the Ministry of Finance, told a press conference. Lin said that the country will also speed up the issuance …

China's general budget expenditure up 2% in H1
5 months ago

China's general budget expenditure up 2% in H1

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. China's general public budget expenditure saw a year-on-year increase of 2 percent in the first six months of 2024, data from the Ministry of Finance showed on Monday. According to the ministry, the country's general public budget expenditure amounted to nearly 13.66 trillion yuan during …

China's foreign exchange reserves total $3.2224t
5 months, 2 weeks ago

China's foreign exchange reserves total $3.2224t

China Daily  

Xinhua | Updated: 2024-07-08 10:11 BEIJING - China's foreign exchange reserves stood at $3.2224 trillion at the end of June 2024, official data showed Sunday. The amount shrank by 0.3 percent compared with the previous month, the State Administration of Foreign Exchange said, attributing the decrease to the combined impact of currency translation and asset price changes. The Chinese economy …

China reports generally stable growth in final accounts for 2023
5 months, 4 weeks ago

China reports generally stable growth in final accounts for 2023

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. BEIJING -- China's final central government accounts for 2023 were generally stable, with notable progress achieved in the areas of financial reform and development, according to a report delivered to the country's top legislature on Tuesday. The central government's general public budget revenue totaled 9.96 …

China's commercial banks resilient against risks: regulator
6 months, 1 week ago

China's commercial banks resilient against risks: regulator

China Daily  

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. BEIJING - The balance of loan loss provisions of China's commercial banks came in at 6.9 trillion yuan at the end of the first quarter of this year, data from the country's financial regulator showed. The figure increased by 269.8 billion yuan from the end of the previous …

China's commercial banks see stable credit asset quality
6 months, 3 weeks ago

China's commercial banks see stable credit asset quality

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. The non-performing loan balance of the commercial banks reached 3.4 trillion yuan at the end of March 2024, 141.4 billion yuan more than that at the end of December 2023, data from the National Financial Regulatory Administration revealed. The data confirmed that the country's commercial banks had …

【双语财讯】专家：发行超长期国债有助于刺激内需 支撑经济持续向好
7 months, 1 week ago

【双语财讯】专家：发行超长期国债有助于刺激内需 支撑经济持续向好

China Daily  

财政部将于5月17日起发行1万亿元超长期特别国债，到11月中旬发行完毕。专家表示，发行超长期国债将有助于稳定预期、刺激内需并支撑经济持续向好。 Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. 根据财政部5月13日发布的消息，1万亿元超长期特别国债将于5月17日首发，到11月中旬发行完毕，包括20年期、30年期和50年期。 "The ultra-long bond issuance marks the introduction of a new policy tool that will be vital for supporting the government's investment in key projects, which will give full play to the crucial role of government investment in shoring up economic growth," said Zhang …

【双语财讯】专家：发行超长期国债有助于刺激内需 支撑经济持续向好
7 months, 1 week ago

【双语财讯】专家：发行超长期国债有助于刺激内需 支撑经济持续向好

China Daily  

财政部将于5月17日起发行1万亿元超长期特别国债，到11月中旬发行完毕。专家表示，发行超长期国债将有助于稳定预期、刺激内需并支撑经济持续向好。 Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. 根据财政部5月13日发布的消息，1万亿元超长期特别国债将于5月17日首发，到11月中旬发行完毕，包括20年期、30年期和50年期。 "The ultra-long bond issuance marks the introduction of a new policy tool that will be vital for supporting the government's investment in key projects, which will give full play to the crucial role of government investment in shoring up economic growth," said Zhang …

China shows signs of slowdown to aggregate social financing
8 months, 1 week ago

China shows signs of slowdown to aggregate social financing

China Daily  

A pedestrian walks past the headquarters of the PBOC in Beijing. JIANG QIMING/CHINA NEWS SERVICE China's financing activity showed signs of slowing down as the increment in aggregate social financing — the total amount of financing to the real economy — reached 12.93 trillion yuan in the first quarter of 2024, down by 1.61 trillion yuan compared with the same …

Govt policies to aid banking sector, BOC says
8 months, 3 weeks ago

Govt policies to aid banking sector, BOC says

China Daily  

A view of the booth of Bank of China during an expo in Fuzhou, Fujian province. CHEN BIN/FOR CHINA DAILY The central government's supportive policies are expected to gradually improve business sentiment, boosting domestic demand and laying a solid foundation for the steady development of the banking industry, Bank of China said. The bank's operating income reached 624.14 billion yuan …

China's financial institutions report 9.9% growth in assets
9 months ago

China's financial institutions report 9.9% growth in assets

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. BEIJING - Assets of financial institutions in China rose to 461.09 trillion yuan as of the end of 2023, up 9.9 percent year-on-year, according to the central bank. Of the total, assets of the banking sector reached 417.29 trillion yuan, up 10 percent; assets …

China's new budget book reveals fiscal priorities for 2024
9 months, 1 week ago

China's new budget book reveals fiscal priorities for 2024

China Daily  

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. Greater fiscal input The ultra-long special treasury bonds to be issued over each of the next several years, along with other arrangements including budget deficits, special-purpose bonds, preferential tax and fee policies as well as government subsidies, mark the country's strengthened fiscal …

Country's development potential continues to be released
9 months, 1 week ago

Country's development potential continues to be released

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. In the first two months of this year, the total value of China's exports was $528.01 billion, up 7.1 percent year-on-year, and the total value of its imports was $402.85 billion, an increase of 3.5 percent compared with the same period last year. China's exports to the …

China's new development, world's new opportunities
9 months, 1 week ago

China's new development, world's new opportunities

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. Foreign investment in China at a high level With a population of over 1.4 billion and a middle-income group of over 400 million, China is a large market with the most potential in …

China's new development, world's new opportunities
9 months, 1 week ago

China's new development, world's new opportunities

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. Foreign investment in China at a high level With a population of over 1.4 billion and a middle-income group of over 400 million, China is a large market with the most potential in …

China weighs more stimulus, considers $139 billion of special bonds: Report
11 months, 1 week ago

China weighs more stimulus, considers $139 billion of special bonds: Report

Live Mint  

China is considering 1 trillion yuan of new debt issuance under a special sovereign bond plan - which will be only the fourth such sale in the past 26 years, according to a Bloomberg report. In that case, Beijing took the unusual step of raising 2023’s fiscal deficit ratio to about 3.8 per cent of gross domestic product — an …

China's financing activity expands steadily
11 months, 1 week ago

China's financing activity expands steadily

China Daily  

China's financing activity expanded steadily in 2023 as official data showed the country's outstanding aggregate social financing — the total amount of financing to the real economy — came in at 378.09 trillion yuan as of the end of 2023, up 9.5 percent year-on-year. The increment in aggregate social financing reached 35.59 trillion yuan last year, up by 3.41 trillion …

China's forex reserves expected to increase in 2024
11 months, 2 weeks ago

China's forex reserves expected to increase in 2024

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. China's foreign exchange reserves will likely see a moderate increase this year amid improving export growth and recovering capital inflows after hitting a two-year high in December, experts said on Monday. Their comments …

【双语财讯】三季度我国银行办理非现金支付1326.19万亿元
11 months, 4 weeks ago

【双语财讯】三季度我国银行办理非现金支付1326.19万亿元

China Daily  

中国人民银行发布数据显示，三季度，全国银行共办理非现金支付业务1455.22亿笔，金额1326.19万亿元，同比分别增长14.01%和3.92%。中国人民银行相关人士介绍，三季度，我国支付体系运行平稳，银行账户数量、非现金支付业务量、支付系统业务量等总体保持增长。 Photo / Xinhua Non-cash payments handled by Chinese banks continued steady growth in the third quarter of 2023, data from the central bank showed. 中国人民银行（以下简称“央行”）发布数据显示，2023年第三季度，我国银行办理非现金支付业务量稳步增长。 Non-cash payments hit 1326.19 trillion yuan during the period, up 3.92 percent year on year, according to a report from the People's Bank of China. 报告称，电子支付在非现金支付中占比最大，金额为858.34万亿元。 A closer look at data for electronic payment …

China's financial institutions see rising assets
1 year ago

China's financial institutions see rising assets

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. BEIJING - Assets of financial institutions in China rose to 452.82 trillion yuan at the end of the third quarter, up 9.5 percent year-on-year, according to the central bank. Assets of the banking sector totaled 409.77 trillion yuan at the end of September, up 9.6 percent from …

【双语财讯】我国将增发1万亿元特别国债
1 year, 1 month ago

【双语财讯】我国将增发1万亿元特别国债

China Daily  

中央财政将在今年四季度增发2023年国债10000亿元，增发的国债全部通过转移支付方式安排给地方，集中力量支持灾后恢复重建和弥补防灾减灾救灾短板，整体提升我国抵御自然灾害的能力。 A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. China has decided to issue 1 trillion yuan of special treasury bonds during the fourth quarter, expanding budgeted fiscal deficit rates to around 3.8 percent for the year, up from 3 percent. 根据全国人大常委会10月24日表决通过的这一方案，增发的国债全部通过转移支付方式安排给地方。 Around 500 billion yuan is planned to be utilized within the …

【双语财讯】我国将增发1万亿元特别国债
1 year, 1 month ago

【双语财讯】我国将增发1万亿元特别国债

China Daily  

中央财政将在今年四季度增发2023年国债10000亿元，增发的国债全部通过转移支付方式安排给地方，集中力量支持灾后恢复重建和弥补防灾减灾救灾短板，整体提升我国抵御自然灾害的能力。 A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. China has decided to issue 1 trillion yuan of special treasury bonds during the fourth quarter, expanding budgeted fiscal deficit rates to around 3.8 percent for the year, up from 3 percent. 根据全国人大常委会10月24日表决通过的这一方案，增发的国债全部通过转移支付方式安排给地方。 Around 500 billion yuan is planned to be utilized within the …

China's economy in ‘deep distress’, its model of growth is ‘broken’: Report
1 year, 4 months ago

China's economy in ‘deep distress’, its model of growth is ‘broken’: Report

Hindustan Times  

China's economy, the world's second-largest, is now in deep distress and its successful model of growth for 40 years stands “broken”, a prominent American financial publication has said, noting that signs of trouble extend beyond China's dismal economic data to distant provinces. China's gross domestic product grew 5.5 per cent year-on-year in the first half of 2023, the country's National …

Chinese economy in distress, its model is ‘broken’: report
1 year, 4 months ago

Chinese economy in distress, its model is ‘broken’: report

The Hindu  

China's economy, the world's second-largest, is now in deep distress and its successful model of growth for 40 years stands “broken”, a prominent American financial publication has said, noting that signs of trouble extend beyond China's dismal economic data to distant provinces. TheWall Street Journal in a major Sunday story wrote that economists now believe China is entering an era …

China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors
1 year, 5 months ago

China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors

Associated Press  

BEIJING — China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year. Regulators stepped in to supervise Evergrande’s debt restructuring, but apparently rejected a bailout to avoid sending the wrong message to companies about …

上半年人民币贷款增加15.73万亿元
1 year, 5 months ago

上半年人民币贷款增加15.73万亿元

China Daily  

中国人民银行发布的最新数据显示，今年上半年，我国人民币贷款增加15.73万亿元，同比多增2.02万亿元。 File photo shows a bank staff member counts 100-yuan banknotes at the Beijing Branch of the Bank of Communication in Beijing, capital of China. China's yuan-denominated loans rose by 15.73 trillion yuan in the first half of the year, central bank data showed Tuesday. 上半年净投放现金789亿元。 Total new social financing in the first half of the year amounted to 21.55 …

China EximBank lends 730b yuan to support foreign trade in January-May
1 year, 6 months ago

China EximBank lends 730b yuan to support foreign trade in January-May

China Daily  

Pedestrians walk past an BEIJING - The Export-Import Bank of China has issued over 730 billion yuan of loans to support the country's foreign trade during the first five months of this year. At the end of May, the bank's outstanding loans to foreign trade firms came in at nearly 3 trillion yuan, up 16.36 percent year-on-year and 130 billion …

PBOC cuts rates to boost growth
1 year, 6 months ago

PBOC cuts rates to boost growth

China Daily  

File photo shows an exterior view of the People's Bank of China in Beijing. Move comes amid stepped-up efforts to consolidate recovery, hike confidence China's central bank cut its short-term lending rate, the first such move since August 2022, as the country stepped up measures to consolidate economic recovery and restore market confidence amid downward pressure, analysts said on Tuesday. …

PBOC cuts rates to boost growth
1 year, 6 months ago

PBOC cuts rates to boost growth

China Daily  

Move comes amid stepped-up efforts to consolidate recovery, hike confidence China's central bank cut its short-term lending rate, the first such move since August 2022, as the country stepped up measures to consolidate economic recovery and restore market confidence amid downward pressure, analysts said on Tuesday. Thanks to Tuesday's policy interest rate cut, the country's key benchmark lending rates for …

2022年全国住房公积金发放个人住房贷款逾一万亿元
1 year, 6 months ago

2022年全国住房公积金发放个人住房贷款逾一万亿元

China Daily  

2022年，全国住房公积金各项业务运行平稳，住房公积金缴存额31935.05亿元，发放个人住房贷款247.75万笔、11841.85亿元。截至2022年底，个人住房贷款率达78.94%。 A view of Beijing's CBD area on Aug 19, 2022. China issued over 1.18 trillion yuan worth of mortgage loans from the housing provident fund in 2022, benefitting more home buyers, official data showed Thursday. 住房和城乡建设部、财政部、中国人民银行6月8日联合发布的《全国住房公积金2022年年度报告》显示，2022年住房公积金制度惠及面进一步扩大，发放个人住房贷款超1.18万亿元。 The interest rates on these loans are 0.9 to 1.35 percentage points lower than the benchmark loan prime rate, which is estimated to …

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