The People's Bank of China: The accumulated increment of social financing in China from January to July was 23.99 trillion yuan, an increase of 5.12 trillion yuan compared to the same period last year.

On August 13th, the central bank announced that the preliminary statistics showed that the increment of social financing in the first seven months of 2025 accumulated to 23.99 trillion yuan, an increase of 5.12 trillion yuan compared to the same period last year. Of this, the RMB loans issued to the real economy increased by 12.31 trillion yuan, a decrease of 69.4 billion yuan year-on-year; the foreign currency loans issued to the real economy decreased by 72.5 billion yuan in RMB terms, a decrease of 24.5 billion yuan year-on-year; entrusted loans decreased by 68.9 billion yuan, a decrease of 11.6 billion yuan year-on-year; trust loans increased by 159.2 billion yuan, a decrease of 148 billion yuan year-on-year; undiscounted bank acceptance bills decreased by 219.6 billion yuan, a decrease of 124.3 billion yuan year-on-year; net financing of corporate bonds was 1.43 trillion yuan, a decrease of 184.9 billion yuan year-on-year; net financing of government bonds was 8.9 trillion yuan, an increase of 4.88 trillion yuan year-on-year; non-financial corporate domestic stock financing was 221.2 billion yuan, an increase of 76.7 billion yuan year-on-year. This article was selected from the "People's Bank of China official website"; GMTEight editing: Huang Xiaodong.