Shenzhen's social financing increment in the first three quarters exceeded 900 billion yuan, nearly twice that of the same period last year.

On October 23, the Shenzhen Branch of the People's Bank of China and the Shenzhen Branch of the State Administration of Foreign Exchange held a press conference on the economic and financial situation in the third quarter of 2026 to brief on Shenzhen's financial operations. Data showed that as of the end of September, Shenzhen's outstanding deposits in local and foreign currencies totaled RMB 15.48 trillion, up 7.7% year on year; outstanding loans totaled RMB 10.42 trillion, up 4.8% year on year. From January to September, Shenzhen's increment in social financing exceeded RMB 900 billion, nearly double that of the same period last year. The contribution of direct financing continued to rise, accounting for about 30% of the social financing increment, a relatively high level in the past five years.