OREANDA-NEWS. February 03, 2014. According to preliminary statistics, all-system financing aggregate reached 17.29 trillion yuan in 2013, up 1.53 trillion yuan year on year.

In particular, new RMB loans posted 8.89 trillion yuan, up 687.9 billion yuan year on year; new foreign currency-denominated loans posted an equivalent of 584.8 billion yuan, down 331.5 billion yuan year on year; new entrusted loans reached 2.55 trillion yuan, up 1.26 trillion yuan year on year; new trust loans were 1.84 trillion yuan, up 560.3 billion yuan year on year; undiscounted bankers’ acceptances increased by 775.1 billion yuan, 274.8 billion yuan less than that in the same period of last year; net bond financing of enterprises was 1.80 trillion yuan, down 453.0 billion yuan year on year; financing by domestic non-financial companies via the domestic stock market was 221.9 billion yuan, down 28.9 billion yuan year on year. In December, all-system financing aggregate was 1.23 trillion yuan, decreasing 396.0 billion yuan year on year.

From a structural point of view, RMB loans accounted for 51.4 percent in the all-system financing aggregate, down 0.6 percentage points year on year; foreign currency-denominated loans posted 3.4 percent, down 2.4 percentage points year on year; entrusted loans were 14.7 percent, up 6.6 percentage points year on year; trust loans were 10.7 percent, up 2.6 percentage points year on year; undiscounted bankers’ acceptances reached 4.5 percent, down 2.2 percentage points year on year; net bond financing by enterprises was 10.4 percent, down 3.9 percentage points; financing by domestic non-financial companies via the domestic stock market was 1.3 percent, down 0.3 percentage points.

Note 1: Sources of the all-system financing aggregate data are the People’s Bank of China, National Development and Reform Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission, China Government Securities Depository Trust and Clearing Co.,Ltd, National Association of Financial Market Insitutional Investors, and etc.

2: Data in the current period are preliminary, and year-on-year movement data in this report are calculated based on comparable data.