Briefly

Yuan loans increase in Jan-June period

China's yuan-denominated loans rose by 10.72 trillion yuan ($1.58 trillion) in the first half of 2026, central bank data showed. At the end of June, outstanding yuan loans stood at 282.63 trillion yuan, up 5.2 percent year-on-year, according to the People's Bank of China. The M2, a broad measure of money supply that covers cash in circulation and all deposits, had increased by 8 percent year-on-year to 356.71 trillion yuan by the end of last month.

China's power use rises in first half

China's electricity consumption increased by 5.3 percent in the first half of the year, driven by strong growth in internet data services, electric vehicle charging and high-tech manufacturing, official data showed. Total power consumption reached nearly 5.1 trillion kilowatt-hours (kWh) in the January-June period, according to data released by the National Energy Administration.

XINHUA-CHINA DAILY