Preliminary PBOC figures show social financing stock at 463.27 trillion yuan at
end‑July 2026, up 7.4% YoY; outstanding RMB loans to the real economy 278.57
trillion yuan (+5.2%); outstanding foreign‑currency loans to the real economy,
converted to yuan, 1.19 trillion yuan (-1.7%); entrusted loans 11.24 trillion
yuan (+0.7%); trust loans 4.60 trillion yuan (+3.2%); undiscounted bank
acceptance bills 1.97 trillion yuan (+2.7%); corporate bonds 36.47 trillion yuan
(+9.2%); government bonds 102.68 trillion yuan (+14.1%); domestic equity
holdings of non-financial enterprises 12.60 trillion yuan (+5.5%).