综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Markets

China's outstanding social financing up 14.3% in 2014

(Xinhua) Updated: 2015-02-11 10:38

BEIJING - China's outstanding total social financing stood at 123 trillion yuan ($20 trillion) at the end of 2014, up 14.3 percent year on year, new data from the central bank showed on Tuesday.

It was the first time the People's Bank of China (PBOC) has published this new liquidity measurement, following the release of incremental social financing data in 2011.

Outstanding social financing, a broad measure of money supply, refers to all money borrowed from financial institutions by individuals and non-financial enterprises, together with total funds raised from the capital market.

Compared to the previous measure, the new indicator is more stable and will help analysts to grasp a general trend and structure, said Zeng Gang of the Chinese Academy of Social Sciences.

It will also better reflect the relation between finance and the real economy, he added.

China's outstanding social financing equaled to 193 percent of GDP in 2014, more than 8 times that of 2002 with annual average growth at 19.3 percent.

Outstanding yuan-denominated loans increased by 13.6 percent from a year ago to 81.4 trillion yuan, accounting for around a two third of the total outstanding social financing.

A PBOC official said the new measure showed a falling proportion of yuan-denominated loans, rapidly growing direct fund raising and increasing support to the real economy from off-balance sheet business.

The official said the indicator will encourage low risk direct financing and help make macro-economic regulation more effective and targeted.

Hot Topics

Editor's Picks
...
罗源县| 门源| 柳河县| 德庆县| 肇庆市| 张家口市| 手游| 伊春市| 辉县市| 湘阴县| 南乐县| 湖口县| 来凤县| 中宁县| 那曲县| 林口县| 水富县| 青浦区| 东兰县| 武威市| 重庆市| 胶南市| 息烽县| 西充县| 石首市| 浏阳市| 东辽县| 怀远县| 北辰区| 澎湖县| 漳州市| 镇远县| 余干县| 博客| 大丰市| 五台县| 汶上县| 开鲁县| 岑巩县| 虹口区| 英山县|