CCTV News: The People's Bank of China released a statistical data report on the scale of social financing in June 2025 today. Preliminary statistics show that the stock of social financing at the end of June 2025 was 430.22 trillion yuan, an increase of 8.9% year-on-year. Among them, the balance of RMB loans issued to the real economy was 265.22 trillion yuan, a year-on-year increase of 7%; the balance of foreign currency loans issued to the real economy was 1.22 trillion yuan, a year-on-year decrease of 26.6%; the balance of entrusted loans was 11.18 trillion yuan, a year-on-year increase of 5.5%; the balance of undiscounted bank acceptance bills was 2.08 trillion yuan, a year-on-year decrease of 7.4%; the balance of corporate bonds was 33.13 trillion yuan, a year-on-year increase of 3.5%; the balance of government bonds was 88.74 trillion yuan, a year-on-year increase of 21.3%; the balance of domestic stocks of non-financial enterprises was 11.89 trillion yuan, a year-on-year increase of 2.9%.
From the structural perspective, the balance of RMB loans issued to the real economy at the end of June accounted for 61.6% of the stock of social financing in the same period, 1.2 percentage points lower than the year-on-year; the foreign currency loans issued to the real economy accounted for 0.3% of the RMB balance, 0.1 percentage points lower than the year-on-year; the balance of entrusted loans accounted for 2.6%, 0.2 percentage points lower than the year-on-year; the balance of trust loans accounted for 1%, 0.1 percentage points lower than the year-on-year; the balance of undiscounted bank acceptance bills accounted for 0.5%, 0.1 percentage points lower than the year-on-year; the balance of corporate bonds accounted for 7.7%, 0.4 percentage points lower than the year-on-year; the balance of government bonds accounted for 20.6%, 2.1 percentage points higher than the year-on-year; the balance of domestic stocks of non-financial enterprises accounted for 2.8%, 0.1 percentage points lower than the year-on-year.