China's total social financing (TSF), a broad measure of credit and liquidity in the economy, went down to CNY 1.72 trillion in December 2020, from CNY 2.13 trillion in the previous month and below market expectations of CNY 2.20 trillion. Outstanding total social financing was CNY 284.83 trillion at the end of December, up 13.3 percent from a year earlier. TSF includes off-balance-sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales. source: People's Bank of China
Loans to Private Sector in China averaged 11448.29 CNY HML from 2002 until 2020, reaching an all time high of 51838 CNY HML in March of 2020 and a record low of -974 CNY HML in October of 2005. This page provides - China Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Social Financing - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Loans to Private Sector in China is expected to be 41000.00 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loans to Private Sector in China to stand at 30000.00 in 12 months time. In the long-term, the China Total Social Financing is projected to trend around 25000.00 CNY HML in 2022, according to our econometric models.