China's new loans sharply down in Oct.
www.chinaview.cn 2009-11-11 10:25:19   Print

    BEIJING, Nov. 11 (Xinhua) -- China's new yuan-denominated loans in October were down 51 percent from September, the People's Bank of China, the central bank, announced Wednesday.

    Growth of the new yuan loans slowed to 253 billion yuan (37.06 billion U.S. dollars) from September's 516.7 billion yuan (75.68 billion U.S. dollars), according to the central bank.

    Yuan loans outstanding at the end of October were 34.19 percent higher than a year earlier, almost the same as September's reading of 34.2 percent.

    The broad M2 measure of money supply, which covers cash in circulation and all deposits, was up 29.42 percent in October from a year earlier to 58.62 trillion yuan, the central bank said.

    Annual growth of the narrow M1 measure of money supply, which covers cash in circulation plus current corporate deposits, accelerated to 32.03 percent from 29.3 percent in September.

    Yuan lending in the first 10 months totaled 8.92 trillion yuan, far exceeding the government's target of 5 trillion yuan for this entire year.

China's GDP grows 7.7% in first nine months

    BEIJING, Oct. 22 (Xinhua) -- China's gross domestic product (GDP) grew 7.7 percent year on year in the first three quarters of this year, the National Bureau of Statistics said at a press conference Thursday.  Full story 

China's CPI falls 1.1% in 1st nine months 

    BEIJING, Oct. 22 (Xinhua) -- China's consumer price index (CPI),a main gauge of inflation, dipped 1.1 percent year on year in thefirst nine months of this year, the National Bureau of Statisticssaid Thursday.

     The September CPI was up 0.4 percent from the previous month.  Full story

China's PPI down 6.5% in first three quarters

    BEIJING, Oct. 22 (Xinhua) -- China's producer price index (PPI),a major measurement of inflation at the wholesale level, dropped 6.5 percent year on year in the first three quarters of this year, the National Bureau of Statistics said Thursday.

    The September PPI rose 0.6 percent from a month earlier. Full story

China's fixed-assets investment up 33.4% in first nine months

    BEIJING, Oct. 22 (Xinhua) -- China's fixed-assets investment rose by 33.4 percent in the first three quarters of 2009, the National Bureau of Statistics announced here Thursday.

    The figure was 6.4 percentage points higher than that of last year.  Full story

China's industrial output up 12.4% in Q3

    BEIJING, Oct. 22 (Xinhua) -- China's industrial output rose 12.4 percent in the third quarter this year from a year ago, the National Bureau of Statistics said at a press conference here Thursday.

    The figure increased 8.7 percent year on year in the first nine months.  Full story

China's retail sales up 15.1% in first three quarters

    BEIJING, Oct. 22 (Xinhua) -- China's retail sales in the first three quarters rose 15.1 percent year on year, or 17 percent after deducting price factors, to top 8.97 trillion yuan (1.31 trillion U.S. dollars), the National Bureau of Statistics said Thursday. Full story 

More Economic Data in Sept.

New Loans

Forex Reserve

Imports and Exports

516.7 billion yuan

$2.27 trillion

$218.94 billion

FDI

Housing Prices

Power Consumption

$7.9 billion

 2.8%

  10.24%

Special Report:  Global Financial Crisis


Editor: Anne Tang
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