SHANGHAI, July 10 (Xinhua) — The loan balance in the Yangtze River Delta region stood at 53.63 trillion yuan (about 8 trillion U.S. dollars) at the end of May, up 14 year on year. percent.
The balance of loans in yuan (the Chinese currency) reached 52.28 trillion yuan at the end of May, up 13.9 percent year on year, while new loans in yuan stood at 485.1 billion yuan, from agreement with the headquarters of the People’s Bank of China.
The balance of loans in foreign currency reached 202.2 billion dollars at the end of May, marking a year-on-year growth of 11.9 percent.
The region’s deposit balance stood at 65.24 trillion yuan in the same period, up 11.6 percent year on year.
The city of Shanghai and the provinces of Jiangsu, Zhejiang and Anhui are included in the scope of the Yangtze River Delta region.