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t, with new yuan loans to stand at around 13.5 trillion yuanfor 2017. Enditem
t, with new yuan loans to stand at around 13.5 trillion yuanfor 2017. Enditemin Fun & Off-Topic 10.05.2019 05:04
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Melania Trump is visiting Poland on her second overseas trip as first lady -- and taking her unique eye for fashion with her.
She stepped out in a striking dress Thursday that new balance 580 hombre baratas , from the top, appeared to be a plain navy, but became more intricate toward the bottom. The dress, by Spanish designer Delpozo, features a colorful print of red, blue and pink below the navy top.
FLOTUS met with Poland's first lady Agata Kornhauser-Dudain in Warsaw new balance 580 baratas , and visited the the Copernicus Science Center, where she was greeted with a 3D-printed pink heel that would look right at home in her closet.
BEIJING, July 12 (Xinhua) -- Chinese banks extended 7.97trillion yuan (about 1.2 trillion U.S. dollars) of newyuan-denominated lending in the first half of the year, but broadmoney supply growth has continued a downward trend, the country'scentral bank said Wednesday.
The lending volume represents growth of 436 billion yuan fromthe same period last year, the People's Bank of China said in astatement.
By the end of June new balance 996 hombre baratas , total outstanding yuan-denominated loansstood at 115 trillion yuan, up 12.9 percent year on year.
In June alone, a total of 1.54 trillion yuan of yuan-denominatedloans were issued by Chinese banks, an increase of 153 billion yuanfrom June last year.
M2, a broad measure of money supply that covers cash incirculation and all deposits, expanded 9.4 percent from a yearearlier as of the end of June new balance 996 mujer baratas , slowing down from a 9.6 percentgrowth recorded a month ago, the statement said.
M0, the amount of cash in circulation, was up 6.6 percent to 6.7trillion yuan.
M1, a narrow measure of money supply which covers cash incirculation plus demand deposits, rose 15 percent to 51 trillionyuan new balance 996 baratas , slowing from a 17 percent increase in May.
The newly added total social financing, another significantfinancing gauge, increased by 1.36 trillion yuan from the sameperiod a year ago to 11.2 trillion yuan in the first half.
Ruan Jianhong, head of the central bank's surveys and statisticsdepartment, said the increase in total social financing indicatedsolid financial support for the real economy, while the slower M2expansion was a result of financial deleveraging.
The central bank has tried to strike a balance between financialdeleveraging new balance 574 niño baratas , aimed at defusing risks and shoring up economicgrowth.
"Progress has been made in the financial sector in terms ofsupporting the ongoing reform and economic transition," saidRuan.
She cited figures that up to 82.5 percent of the new medium andlong-term lending in the first half has flowed into service andhigh-tech manufacturing industries, while only 5.4 percent of theoutstanding loans by the end of June belonged to industries withexcess capacity.
Latest loan data also revealed milder growth in mortgage lendingwith outstanding real estate loans up 24.2 percent year on year,down 2.8 percentage points from six months ago.
Ruan also dismissed concerns over the slowing M2 growth, sayingit should be regarded "objectively" as it was the natural result ofprudent and neutral monetary policy and strengthened financialscrutiny.
Lower M2 growth is likely to become normal, and there is no needfor excessive interpretation new balance 574 mujer baratas , she said.
China's M2 growth target this year was set at around 12 percent,one percentage point lower than the 2016 target.
Lian Ping, economist with the Bank of Communications, saidcredit demand would weaken in the second half due to less financingneeds from the infrastructure sector and dampened mortgage demandfollowing continued government curbs in real estate.
He expects that full-year credit will grow by about 12.5percent, with new yuan loans to stand at around 13.5 trillion yuanfor 2017. Enditem
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