AI Data Insight
Latest data shows that in Q3 2026 (July), new medium and long-term loans to China's non-financial corporations and other sectors reached RMB 320 billion, a significant rebound from the substantial contraction (-RMB 230 billion) in the previous period. Although China's overall new RMB loans experienced a record-breaking negative growth in July, corporate medium and long-term loans remained one of the few bright spots in the credit data, guided by major infrastructure projects and policies.