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CN Aggregate Financing to Real Economy (Flow) Hits RMB7.22T in Jan, Above Forecast
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China's aggregate financing to the real economy (flow) reached RMB7.22 trillion in January 2026, RMB166.2 billion more than the same period last year, according to the preliminary statistics from the People's Bank of China. Meanwhile, the market had expected it to be RMB7.085 trillion.

Specifically, the balance of RMB loans to the real economy increased by RMB4.9 trillion, RMB317.8 billion less YoY, while the balance of foreign currency loans to the real economy, converted to RMB, rose by RMB46.8 billion, RMB86 billion more YoY.

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