Hey there! 😊
Did you know that in the first half of this year, the Chinese mainland has been super busy helping businesses grow? Let’s break it down!
🏦 Big Money Moves
By the end of June, banks in the Chinese mainland loaned out a lot of money—over 12 trillion yuan! That’s like having 12 trillion coins! These loans help companies build things like factories and roads.
✨ Helping Companies
Most of these loans, about 89.5%, went to companies. That’s because when companies have money, they can make cool stuff, provide jobs, and make life better for everyone!
📉 Lower Interest Rates
The interest rates (that’s like the extra money you pay when you borrow) went down! Now, companies pay about 3.3%, which is less than before. Lower interest rates make it easier for businesses to borrow money.
🚀 Boosting the Economy
All these efforts are helping the economy grow. The central bank (kind of like the boss of all banks) is working hard to make sure there’s enough money to keep things running smoothly.
🌟 What’s Next?
The plan is to keep supporting businesses so they can keep building and creating. The central bank wants to make sure that the Chinese mainland continues to have a strong and happy economy!
Isn’t it awesome how money moves around to help build the future? Maybe one day, you’ll be part of these amazing changes! 💫
Reference(s):
cgtn.com
