SOURCE / ECONOMY
Domestic, foreign currency loans up in Yangtze River Delta
Published: Jan 31, 2021 09:59 AM

Photo shows a night view of Shanghai, east China. Photo: Xinhua


The balance of domestic and foreign currency loans in the Yangtze River Delta region stood at 43.7 trillion yuan (about $6.75 trillion) at the end of December, up 14.5 percent year on year, official data showed.

According to the Shanghai head office of the People's Bank of China, the balance of yuan loans was 42.62 trillion yuan by the end of December, up 14.6 percent year on year.

The balance of domestic and foreign currency deposits in the region was 54.65 trillion yuan by the end of December, up 14.8 percent year on year.

In the whole year, yuan deposits in the region increased by 6.67 trillion yuan, up 2.47 trillion yuan from the increase in the previous year.

Shanghai and the provinces of Jiangsu, Zhejiang and Anhui come under the ambit of the Yangtze River Delta region.