Government News
Balance of loans up in China's Yangtze River Delta 2023-01-02
The balance of loans in the Yangtze River Delta region was 56.48 trillion yuan (8.11 trillion U.S. dollars) at the end of November 2022, up 13.8 percent year on year.
The balance of loans in Chinese yuan reached 55.21 trillion yuan at the end of November, up 14.1 percent year on year, according to the People's Bank of China Shanghai Head Office.
The balance of foreign currency loans was 177.1 billion U.S. dollars at the end of November, down 11.1 percent year on year.
The balance of the region's deposits stood at 68.11 trillion yuan at the end of November -- up 13.1 percent compared to the previous year.
Shanghai and the three provinces of Jiangsu, Zhejiang and Anhui, fall within the ambit of the Yangtze River Delta region.
Source: Xinhua
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