Overall credit supply is abundant, effectively meeting the financing needs of the real economy.

Data released by the People's Bank of China on August 13th showed that at the end of July, the scale of social financing and the growth rate of broad money remained at a relatively high level, providing a suitable monetary and financial environment for the real economy and reflecting a moderately loose monetary policy orientation. Experts stated that in the first half of the year, the People's Bank of China implemented a comprehensive monetary policy package, effectively supporting the improvement of the real economy. The effects of various policies will further manifest and continue to be released, providing strong support for achieving the goals and tasks of economic and social development for the whole year.