People's Bank of China: Renminbi loans increased by 9.78 trillion yuan in the first quarter.

According to the statistics of the People's Bank of China, by the end of the first quarter of 2025, the total balance of RMB loans of financial institutions was 26.541 trillion yuan, an increase of 7.4% compared to the same period last year. In the first quarter, RMB loans increased by 9.78 trillion yuan.