Yan Xiandong, Senior Official from the central bank: By the end of May, the balance of loans in the financial sector exceeded 103 trillion yuan.
Yan Xiandong, Director of the Investigation and Statistics Department of the People's Bank of China, stated at a press conference of the State Council Information Office on July 14 that as of the end of May, the balance of loans in the "Five Major Articles" of finance reached 103.32 trillion yuan, an increase of 14% compared to the same period last year; among them, the balance of technology loans reached 43.3 trillion yuan, an increase of 12% compared to the same period last year.
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