政府新闻
上海贷款市场受益于社交借贷 2026-01-29
The financing market in Shanghai has demonstrated stability in 2025, aligning with the city's economic growth requirements, the Shanghai branch of the People's Bank of China announced on Thursday.
Social loans in Shanghai increased by 1.16 trillion yuan (approximately US$167 billion) over the past year. The bank said that 56.6 percent of these loans were allocated to support the real economy.
Direct financing surged to 341.9 billion yuan, representing almost 30 percent of the overall total. This marks an increase of 15 percentage points compared to the previous year, indicating a robust cash flow within the market.
Cross-border financing support for carbon reduction projects increased as the central bank designated Shanghai as a pilot to separate green loans from general credit and allow additional quotas.
Shanghai also approved loans totaling 450 million yuan for six companies engaged in cross-border low-carbon initiatives, just two months after the program's launch.
Zhong Lei, the deputy director of the Foreign Exchange Management Department at the PBOC Shanghai Head Office, said that China has established the largest green credit and green bond markets globally.
Despite significant progress, a funding gap remains as companies continue to face considerable capital demands during the transition to green and low-carbon initiatives, Zhong said.
Source: City News Service
