China's sci-tech innovation and upgrading loans reach 1.5 trillion yuan through April

By the end of April this year, loans for sci-tech innovation and technological upgrading reached 1.5 trillion yuan (US$221.67 billion), including 218.8 billion yuan in sci-tech innovation loans. A total of 21,000 technology-based small and medium-sized enterprises secured their first bank loans, said an official from the People's Bank of China at a Wednesday press conference.

July 16, 2026

Panda bonds surge 69% in H1

In the first half (H1) of 2026, over 160 billion yuan (US$23.63 billion) in panda bonds were issued, up 69% year on year, according to the People's Bank of China. The bond is a renminbi-denominated debt instrument issued by overseas governments or institutions in China's onshore capital market. As of the end of June 2026, over 1.3 trillion yuan in panda bonds were issued by more than 110 issuers from 24 countries and regions.

July 16, 2026

PBOC sees stable RMB amid 2-way fluctuations

A senior Chinese central bank official said on Wednesday that the renminbi exchange rate is expected to continue fluctuating in both directions, as a range of factors will exert both upward and downward pressure on the currency.

July 16, 2026

China's yuan loans increase by 10.72 trln yuan in first half of 2026

​China's yuan-denominated loans rose by 10.72 trillion yuan (about 1.58 trillion U.S. dollars) in the first half of 2026, central bank data showed on Wednesday.

July 16, 2026