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China Daily | Updated: 2020-08-04 00:00
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Green lending sees rapid increase in H1

Lending to the clean energy, environmental protection and other green sectors rose during the first six months of this year as the country puts more emphasis on green development, central bank data showed. Outstanding green loans in yuan and foreign currencies reached 11.01 trillion yuan ($1.58 trillion) by the end of the first half, up 10.8 percent from the beginning of the year, according to the People's Bank of China, the central bank. Outstanding loans for green infrastructure projects reached 5.28 trillion yuan by the end of June, up 11.1 percent from the beginning of the year.

Goods, services trade surplus reaches $34.4b

China's international trade surplus in goods and services stood at 243.9 billion yuan ($34.4 billion) in June, official data showed. Trade income amounted to 1.57 trillion yuan while expenditure stood at 1.33 trillion yuan, according to the State Administration of Foreign Exchange. Goods trade income stood at 1.44 trillion yuan with an expenditure of 1.12 trillion yuan, leading to a 317.8-billion-yuan surplus, data showed. Meanwhile, services trade saw a 73.9-billion-yuan deficit, as services income and expenditure stood at 131 billion yuan and 204.9 billion yuan.

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