The central bank: As of the end of June, inclusive small and micro loans increased by 8.3% year-on-year.
On July 15, at a press conference held by the State Council Information Office, People's Bank of China Deputy Governor Zou Lan stated that as of the end of June, inclusive small and micro loans increased by 8.3% year-on-year, industrial medium and long-term loans increased by 5.9% year-on-year, and the balance of medium and long-term loans in the service industry excluding real estate increased by 9.2% year-on-year, all of which were higher than the overall loan growth rate.
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