Consolidated Report by ChinaAbout.net: Yesterday, Chinese central bank, People’s Bank of China released a report about the social financing in the first half of 2013. Preliminary statistics showed that in first half of 2013, the scale of social financing in China amounted 10.15 trillion yuan (US $1.6371 trillion), an increase of 2.38 trillion yuan compared to the same period last year. Among the social financings, RMB loans increased by 5.08 trillion yuan, an increase of 221.7 billion yuan; foreign currency loans increased by 579.1 billion yuan RMB, an increase of 302.6 billion yuan;
Entrusted loans increased by 1.11 trillion yuan, an increase of 629.1 billion yuan; trust loans increased by 1.23 trillion yuan, up by more than 895 billion yuan; undiscounted bankers’ acceptances increased by 516.4 billion yuan, an increase of 93.2 billion yuan less; Net financing of corporate bonds was 1.22 trillion yuan, up by more than 396.5 billion yuan; equity financing of non-financial enterprises was 124.8 billion yuan, reduced by 24.7 billion yuan. The scale of social financing in June was 1.04 trillion yuan, 742.7 billion yuan less than the same period last year.
From the perspective of financing structure, in the first half of 3013, RMB loans accounted for 50.0% of the total social financing, lowered by 12.4 percentage points compared to the same period; foreign currency loans accounted for 5.7%, up by 2.1 percentage points; entrusted loans accounted for 11.0%, 4.8 percentage points higher; Trust loans accounted for 12.1%, 7.8 percentage points higher; undiscounted bank acceptance bills accounted for 5.1%, up 2.7 percentage points lower; corporate bonds accounted for 12.1%, up 1.5 percentage points; non-financial corporations accounted for within equity financing than 1.2%, down by 0.7 percentage points.