Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data released by the People's Bank of China on Friday. While that exceeded the median estimate in a Bloomberg survey of economists, it was more than 11% weaker than in the year prior.

China's total social financing hit CNY17.48 trillion for January-May 2026, beating the CNY17.15 trillion estimate. Here's what it means for markets and

China's new yuan loans rebounded in May 2026 after April's rare contraction of 10 billion yuan, the first decline since July 2025, badly missing forecasts.

China's credit expansion recovered in May from April's unexpected drop, topping expectations amid continued tepid demand for borrowing.

A jump in bill financing helped lift new yuan loans and aggregate financing, but household borrowing remained weak as consumers continued to deleverage

Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data released by the People's Bank of China…

BEIJING -- China's yuan-denominated loans rose by 9.11 trillion yuan (about $1.34 trillion) in the first five months of 2026, central bank data showed on Friday.

But while traditional industries are mired in a downturn, hi-tech firms look to expand – many through direct financing.