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China’s outstanding medium- and long-term loans to the manufacturing sector by the end of June surged by 40.3% from a year earlier, which is 29 percentage points faster than the overall loan growth, said Liu Guoqiang, deputy governor of the PBOC.
Outstanding medium- and long-term loans to the infrastructure sector grew by 15.8% year over year, 4.5 percentage points faster than the overall loan growth, he said.Â
Outstanding medium- and long-term loans to the real estate sectors grew by 7.1% from a year earlier, 0.2 percentage point faster than the previous month and accelerating fro the 11th consecutive month, said the central bank.
Outstanding loans to medium- and small-sized companies with speciality and innovation grew by 20.4% on year, 9.1 percentage points faster than the overall loan growth, while outstanding inclusive loans to small and micro companies grew by 26.1%, 14.8% faster than the overall loan growth, said Liu.
Outstanding loans to