People's Bank of China Beijing Branch: In the first quarter, the total amount of credit in the Beijing area grew steadily, and the credit structure continued to optimize.

On April 27, 2025, the Beijing Branch of the People's Bank of China held a press conference for the second quarter of 2025. Liu Qianjin, Deputy Director of the Survey and Statistics Department, stated that by the end of March, household loan balances had increased by 5.0% year-on-year, with a growth rate 1.3 percentage points higher than at the end of the previous year, adding 438.6 billion yuan in the first quarter, an increase of 341.2 billion yuan compared to the previous year. By the end of March, the balance of medium and long-term loans in the manufacturing industry had increased by 15.8% year-on-year, which was 8.6 percentage points higher than the overall increase in medium and long-term loans in all industries. Among them, the balance of medium and long-term loans in the high-tech manufacturing industry increased by 11.4%. The growth of medium and long-term loans in the real estate industry accelerated. By the end of March, the balance of medium and long-term loans in the real estate industry had increased by 13.2% year-on-year, with a growth rate 3.8 percentage points higher than the same period last year, adding 497.7 billion yuan in the first quarter, an increase of 193.2 billion yuan compared to the previous year. Overall, in the first quarter, the total credit in the Beijing region increased reasonably, the credit structure continued to optimize, effectively supporting the high-quality development of the capital's economy.