In the first 8 months of this year, the loan scale in our country maintained a reasonable growth, with loan interest rates staying at historically low levels.

Data shows that by the end of August, the outstanding balance of various Renminbi loans was 26.91 trillion yuan, an increase of 6.8% year-on-year. In terms of structure, the balance of inclusive small and micro loans and medium-to-long-term loans for the manufacturing industry increased by 11.8% and 8.6% respectively year-on-year, higher than the growth rate of various loans during the same period. Dong Ximiao, chief researcher at Zhonglian Research Institute, said that in the first 8 months, the business climate of advanced manufacturing industries such as high-tech manufacturing and equipment manufacturing was relatively high, with more new financing needs for enterprises, providing strong support for credit growth. At the same time, loans for technology, green finance, and inclusive small and micro loans have always had higher growth rates than overall loan growth, with more resources being allocated to key areas and weaknesses in the national economy.