In the first quarter, Jiangsu's incremental social financing scale ranked first in the country.

At a press conference on April 29th held by the Jiangsu branch of the People's Bank of China, it was revealed that in the first quarter, the increment of social financing in Jiangsu reached 2.06 trillion yuan, ranking first nationwide. In terms of the structure of credit issuance, as of the end of March, the balance of long-term loans to the manufacturing industry increased by 12.8% year-on-year, while the balance of loans to the infrastructure sector increased by 12.0% year-on-year. In terms of industries, the balance of loans to the scientific research and technology services industry increased by 33.7% year-on-year, with the highest growth rate among all industries, 23.6 percentage points higher than the average loan growth rate.