China's total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to CNY 3.19 trillion in May 2020 from CNY 3.09 trillion in the previous month and above market expectations of CNY 3.00 trillion. Growth of outstanding TSF, a broad measure of credit and liquidity in the economy, quickened to 12.5 percent in May from a year earlier and from 12 percent in April. TSF is a broad measure of credit and liquidity in the economy and 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.
Loans to Private Sector in China averaged 11019.62 CNY HML from 2002 until 2020, reaching an all time high of 51622 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 July of 2020. source: People's Bank of China
Loans to Private Sector in China is expected to be 33000.00 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 34000.00 in 12 months time. In the long-term, the China Total Social Financing is projected to trend around 30000.00 CNY HML in 2021 and 25000.00 CNY HML in 2022, according to our econometric models.