Wen Bin, chief researcher of China Minsheng Bank, analyzed that RMB loans increased by 1. 1.5 trillion yuan in May, which was basically the same as last month. On the one hand, residents' short-term consumer loans increased by 222 billion yuan, accounting for 19.30%, and residents' medium-and long-term loans increased by 392.3 billion yuan, accounting for 34. 1 1%, both of which rebounded from last month. On the other hand, the medium and long-term loans of enterprises increased by 403,654.38 billion yuan, accounting for 35.05%, reflecting that the support of credit to the real economy is still strong.
Chen Ji, a senior researcher at the Financial Research Center of Bank of Communications, believes that from the structural point of view, the increase of residents' medium and long-term loans is relatively stable, which has a certain relationship with the recent property market in third-and fourth-tier cities. The increment of medium and long-term loans of enterprises has dropped from April, but it is normal and not low to increase 403 1 100 million yuan in a single month in the case of the increase of local bond swap issuance in the past two months. The negative growth of short-term loans of enterprises and bill financing increased by 308.2 billion yuan in a single month, which may reflect to some extent that deposit-taking financial institutions are generally cautious and their credit risk preferences have declined after the current credit risk has increased.
Source: People's Daily-People's Daily