Description
China Financial Institutions New Loan s (YTD Cumulative) is compiled and published by the People's Bank of China (PBOC) to measure the total amount of new loans issued by financial institutions to various sectors of the economy during a specific period. This indicator serves as an important parameter for observing credit supply and assessing economic activity and capital demand. Growth in new loans typically indicates strong market demand and economic expansion, while a decline in lending may suggest an economic slowdown or insufficient credit demand.