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China's newly-added social financing, a measurement of funds the real economy receives from the financial system, came in at 3.19 trillion yuan (about 1 billion) in May, up 1.48 trillion yuan year-on-year.
China's new yuan loans increased faster than expected in November, up by 1.39 trillion yuan (7.2 billion), mainly driven by the expansion of corporate and long-term household debt, as per the central bank data released on late Tuesday.
China's entering into a new era proves the validity and rationality of its development path, showing confidence in its path, theories, institutions and culture, said Liu Xin, China Global Television Network host at a forum hosted by China Daily recently.
China's listed carmakers painted a gloomy picture for the first half of this year, according to a Tuesday report by 21st Century Business Herald.
China's enterprise bond spreads, especially with high-yield ones, are still above their historical average and should compensate for a gradual rise in the overall rate of credit market defaults under an orderly deleveraging scenario, said Mark Haefele, chief investment officer of UBS Global Wealth Management, in a recent research note.
来源：资阳报