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Balance of loans up in China's Yangtze River Delta

Updated: Aug 31, 2022 chinadaily.com.cn Print
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A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC]

The balance of loans in the Yangtze River Delta region was 54.77 trillion yuan ($8 trillion) at the end of July, up 14.1 percent year-on-year.

The balance of loans in Chinese yuan reached 53.49 trillion yuan at the end of July, up 14.3 percent year-on-year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans hit $189.5 billion at the end of July, up 0.5 percent year-on-year.

The balance of the region's deposits stood at 66.7 trillion yuan at the end of July, up 12.7 percent year-on-year.

Shanghai and the provinces of Jiangsu, Zhejiang, and Anhui are under the ambit of the Yangtze River Delta region.

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