Chart of the Day: Monetary policy support strengthens China's real economy in H1 2025

China issued 12.92 trillion yuan (about 1.81 trillion U.S. dollars) in new yuan-denominated loans in the first half of the year, according to central bank data released on Monday.

In the first half of 2025, China's monetary and credit policies delivered clear results in supporting the real economy, as shown in the infographic. 

Key indicators such as social financing, M2 money supply, and RMB loans all posted steady year-on-year growth. Financing costs continued to decline, with both corporate and personal mortgage loan rates dropping significantly from a year earlier. Meanwhile, credit allocation remained targeted and effective – green, tech, and inclusive finance loans all registered double-digit growth, reflecting strong policy-driven momentum toward sustainable and innovation-led development.