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China's social financing aggregate stands at 23.99 tln yuan in first seven months

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China

China's social financing aggregate stands at 23.99 tln yuan in first seven months

2025-08-14 09:35 Last Updated At:19:57

China’s social financing aggregate stood at 23.99 trillion yuan (about 3.34 trillion U.S. dollars) in the first seven months of this year, an increase of 5.12 trillion yuan compared to the same period of last year, according to the figures released by the People's Bank of China, the central bank, on Wednesday.

In the same period, China's yuan-denominated loans increased by 12.87 trillion yuan

At the end of July, the M2, a broad measure of money supply that covers cash in circulation and all deposits, came in at 329.94 trillion yuan, up 8.8 percent year on year.

The outstanding social financing to the real economy stood at 431.26 trillion yuan at the end of July, an increase of nine percent year-on-year.

"July is traditionally a slow month for credit, but it still witnessed a steady growth. This not only reflects the strong support of finance for the real economy, but also shows the recovery of the real economy and the gradual recovery of effective demand," said Wen Bin, chief economist of China Minsheng Bank.

China's social financing aggregate stands at 23.99 tln yuan in first seven months

China's social financing aggregate stands at 23.99 tln yuan in first seven months

China's social financing aggregate stands at 23.99 tln yuan in first seven months

China's social financing aggregate stands at 23.99 tln yuan in first seven months

Influenza activity in China has declined for four consecutive weeks, with recent tests showing common pathogens and no evidence of new infectious diseases, the National Health Commission (NHC) said on Tuesday.

At its first press briefing of 2026, the commission reported that flu activity nationwide remains moderate at the moment.

According to Xin Li, a researcher at the Chinese Center for Disease Control and Prevention, respiratory samples collected from sentinel hospitals indicated that the influenza virus was the most common pathogen, accounting for 27.4 percent of cases, followed by respiratory syncytial virus at 8.8 percent and rhinovirus at 5.7 percent.

"Influenza activity in China has declined for four consecutive weeks and remains at a moderate level overall. Analysis of nationwide fever clinic consultations, influenza-like illness cases at sentinel hospitals, and multi-pathogen testing shows that all detected pathogens are known common ones, with no evidence of unknown pathogens or new infectious diseases," Xin told the press.

Data from sentinel hospitals indicated flu activity was falling across provincial-level regions, while reports of school outbreaks dropped for five consecutive weeks. Laboratory tests showed that 97.3 percent of positive influenza samples were H3N2 subtype viruses.

China flu activity declines for fourth week, no new pathogens detected: official

China flu activity declines for fourth week, no new pathogens detected: official

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