The People's Bank of China released August 2026 financial statistics on Sept 14.
Its estimates show bond and equity financing accounted for 50.31% of the
increase in social financing in the first eight months of 2026, surpassing loans
and about 20 percentage points higher than five years ago. Corporate bonds'
share of social financing growth rose to 11.67%, up roughly 5.8 percentage
points year-on-year.