免费av毛片,日韩av高清在线播放,97国产精品最好的产品,欧美成人免费一区二区三区,神马午夜一区,曰河南少妇对白视频,欧美自拍视频

  Home>News Center>Bizchina
       
 

Shanghai financial extension slows down
(Xinhua)
Updated: 2004-06-13 10:13

The once runaway credit extension in Shanghai, a financial hub in East China, has slowed down notably, signifying that the Chinese government's efforts to cool down the structurally overheated national economy have started to pay off.

According to the latest statistics provided by the Shanghai Banking Regulatory Commission, all financial institutions, including foreign-funded ones, in the city, extended 101.863 billion yuan (US$12.3 billion) in loans in the first five months of this year, a decrease of 8.4 billion yuan (US$1.012 billion) from the year-earlier level.

The figure brought the loans outstanding at the institutions to 1,419.676 billion yuan (US$171 billion) by the end of May.

Of the loans made between January and May, 78 billion yuan (US$9.4 billion) was granted by Chinese financial institutions, down 22.3 billion yuan (US$2.7 billion) from a year earlier.

As part of its macro-regulatory measures, China has decided to rigorously restrict credit extension to overheated sectors, including steel, cement, electrolytic aluminum, automotive and real estate sectors.

 
  Story Tools  
   
  Related Stories  
   
First step taken towards credit system
   
State bank splits up in pilot reform
Advertisement