The central bank: the cumulative increase in social financing scale in the first 4 months reached 16.34 trillion yuan.

According to preliminary statistics from the central bank, the cumulative increase in social financing in the first four months of 2025 was 16.34 trillion yuan, an increase of 3.61 trillion yuan compared to the same period last year. Among them, RMB loans granted to the real economy increased by 9.78 trillion yuan, an increase of 339.7 billion yuan compared to the same period last year; foreign currency loans granted to the real economy decreased by 109.8 billion yuan (converted to RMB), a decrease of 231.1 billion yuan compared to the same period last year; entrusted loans increased by 53 billion yuan, an increase of 95.9 billion yuan compared to the same period last year; trust loans increased by 454 billion yuan, a decrease of 167.2 billion yuan compared to the same period last year; undiscounted bank acceptance notes increased by 250.6 billion yuan, an increase of 149.4 billion yuan compared to the same period last year; net financing for corporate bonds was 759.1 billion yuan, a decrease of 409.5 billion yuan compared to the same period last year; net financing for government bonds was 4.85 trillion yuan, an increase of 3.58 trillion yuan compared to the same period last year; and domestic stock financing for non-financial enterprises was 135.3 billion yuan, an increase of 40.4 billion yuan compared to the same period last year. This article is excerpted from the official website of the People's Bank of China, edited by GMTEight: Liu Jiayin.