News, according to China Securities Journal, China Banking Regulatory Commission Chairman Liu, 26, said new loans in Chinese banking financial institutions, usually in January will be a significant increase, while full-year goal of banking financial institutions, credit is not set.
had previously reported that, in order to prevent the credit blowout early, in January of this year compared with last year at least line of credit decreased by 10%. Meanwhile, media reports said that as of January 24, China's commercial banks in January reached 1.2 trillion yuan of new loans.
year, the central bank to implement a deposit reserve ratio increase. Some analysts said the major banks raised lending directed impulse.
attending the World Economic Forum in Davos, Switzerland, the Liu said that China is working to promote better development of the restructuring of the economy, the domestic GDP growth in 2011 will bid farewell to double-digit growth.
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