Central Bank: By the end of the first quarter, the balance of RMB loans of financial institutions was 28.051 trillion yuan, an increase of 5.7% year-on-year.

On April 29, the People's Bank of China released the statistical report on the first quarter of 2026 financial institution lending. By the end of the first quarter of 2026, the balance of various loans in RMB for financial institutions was 28.051 trillion yuan, an increase of 5.7% year-on-year, with RMB loans increasing by 8.6 trillion yuan in the first quarter. Industrial medium- and long-term loans showed overall stable growth. By the end of the first quarter of 2026, the balance of medium- and long-term industrial loans in local and foreign currency was 27.82 trillion yuan, a year-on-year increase of 6.8%, with an increase of 1.22 trillion yuan in the first quarter. Among them, the balance of medium- and long-term loans for heavy industry was 23.51 trillion yuan, an increase of 6% year-on-year; and the balance of medium- and long-term loans for light industry was 4.31 trillion yuan, an increase of 11.8% year-on-year.