China's Industrial Medium-Term Loans Reach 27.81 Trillion Yuan, Up 5.9% YoY at Q2 End

According to the People's Bank of China, as of end of Q2 2026, industrial medium and long-term loans totaled 27.81 trillion yuan, up 5.9% year-over-year, with growth 0.8 percentage points higher than overall loan growth. Service sector medium and long-term loans stood at 76.22 trillion yuan, up 6.4% YoY. Infrastructure-related loans reached 45.19 trillion yuan, up 4.8% YoY.
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