The increase of social financing in July was 1.01 trillion yuan, which was 21.3 billion less than the same period last year.

category:Finance
 The increase of social financing in July was 1.01 trillion yuan, which was 21.3 billion less than the same period last year.


Note 2: Since July 2018, the Peoples Bank of China has improved the statistical methods of social financing scale, including asset-backed securities of deposit-type financial institutions and loan cancellation into the statistics of social financing scale, which are reflected under other financing. Since September 2018, the Peoples Bank of China has incorporated local government special bonds into the statistics of social financing scale. Local government special bonds are counted according to the registration date of creditors rights and debts in trusteeship institutions.

Note 3: The year-on-year data in this paper are comparable.

Source: Responsible Editor of the Peoples Bank of China: Zhong Qiming_NF5619