Beijing, 30 April (Reporter Xu Peiyu) According to the statistical report on the loan investment of financial institutions in the first quarter recently released by the People’s Bank of China, as of the end of the first quarter of this year, the balance of RMB loans of financial institutions was 225.45 trillion yuan, up 11.8% year-on-year; The balance of RMB loans in inclusive finance was 35.19 trillion yuan, up 23.6% year-on-year, 11.8 percentage points higher than various loans and 2.4 percentage points higher than the end of last year; In the first quarter, it increased by 3.06 trillion yuan, an increase of 1.09 trillion yuan year-on-year, and the quarterly increase reached a new high since statistics.
At the end of the first quarter, the balance of Pratt & Whitney small and micro loans was 26.16 trillion yuan, up 26% year-on-year, and the growth rate was 2.2 percentage points higher than that at the end of last year. In the first quarter, it increased by 2.38 trillion yuan, up 823.6 billion yuan year-on-year. The balance of loans for farmers’ production and operation was 8.5 trillion yuan, a year-on-year increase of 17.3%; The balance of business guarantee loans was 292.9 billion yuan, up 16.5% year-on-year; The balance of student loans was 173.7 billion yuan, a year-on-year increase of 21.2%; The balance of loans for people out of poverty nationwide was 1.09 trillion yuan, up 13.8% year-on-year, and increased by 51.4 billion yuan in the first quarter.
Green loans maintained rapid growth. At the end of the first quarter, the balance of green loans in local and foreign currencies was 24.99 trillion yuan, up 38.3% year-on-year, 27.2 percentage points higher than the growth rate of various loans and 3.39 trillion yuan higher than the beginning of the year. Among them, loans to projects with direct and indirect carbon emission reduction benefits were 9.19 trillion yuan and 7.47 trillion yuan respectively, accounting for 66.7% of the total green loans.
In terms of purposes, the loan balances of infrastructure green upgrading industry, clean energy industry and energy conservation and environmental protection industry were 11.09 trillion yuan, 6.26 trillion yuan and 3.56 trillion yuan respectively, up by 34.2%, 32.1% and 53.7% respectively. In terms of industries, the balance of green loans in power, heat, gas and water production and supply industries was 6.01 trillion yuan, up 24.8% year-on-year, up 512.1 billion yuan from the beginning of the year; The balance of green loans in transportation, warehousing and postal services was 4.84 trillion yuan, up 11.1% year-on-year, up 311.3 billion yuan from the beginning of the year.
The growth rate of medium and long-term loans in industry, service industry and infrastructure continued to increase. At the end of the first quarter, the balance of medium and long-term loans in local and foreign currency industries was 18.95 trillion yuan, up 31.7% year-on-year, and the growth rate was 20.6 percentage points higher than that of various loans and 5.2 percentage points higher than that at the end of last year. In the first quarter, it increased by 1.94 trillion yuan, a year-on-year increase of 1 trillion yuan. At the end of the first quarter, the balance of medium and long-term loans in the local and foreign currency service industry was 59.42 trillion yuan, up 13.8% year-on-year, and the growth rate was 2.6 percentage points higher than that at the end of last year. In the first quarter, it increased by 3.72 trillion yuan, an increase of 1.42 trillion yuan. The balance of medium and long-term loans in the real estate industry increased by 6.4% year-on-year, and the growth rate was 2.4 percentage points higher than that at the end of last year. At the end of the first quarter, the balance of medium and long-term loans in local and foreign currency infrastructure was 34.85 trillion yuan, up 15.2% year-on-year, and the growth rate was 2.2 percentage points higher than that at the end of last year. In the first quarter, it increased by 2.16 trillion yuan, an increase of 777.1 billion yuan.