Central Bank Shanghai Headquarters: In October, RMB loans in the Yangtze River Delta increased by 98.3 billion yuan, an increase of 8.4 billion yuan compared to the same period last year.

Jinshi data, Shanghai headquarters of the Central Bank announced the operation of monetary credit in the Yangtze River Delta in October 2024. At the end of October, the balance of RMB and foreign currency loans in the Yangtze River Delta was 70.12 trillion yuan, up 10.4% year-on-year, with the growth rate unchanged from the end of the previous month. The balance of RMB loans was 69.23 trillion yuan, up 10.8% year-on-year, with the growth rate unchanged from the end of the previous month; the balance of foreign currency loans was 124.6 billion US dollars, down 13.3% year-on-year, with the growth rate 1.4 percentage points lower than the end of the previous month.