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Balance of loans up in China's Yangtze River Delta

Xinhua | Updated: 2022-10-03 13:38
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Farmers harvest rice in Deqing, Zhejiang province. [Photo by Wang Zheng/For China Daily]

SHANGHAI -- The balance of loans in the Yangtze River Delta region was 55.14 trillion yuan ($7.89 trillion) at the end of August, up 13.9 percent year-on-year.

The balance of loans in Chinese yuan reached 53.87 trillion yuan at the end of August, up 14.3 percent year-on-year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans was $183.9 billion at the end of August, down 5.2 percent year-on-year.

The balance of the region's deposits stood at 67.21 trillion yuan at the end of August, up 13.3 percent year-on-year.

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

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