25 September 2018

Guangdong tops 2013 financing at 1.38 trn yuan, Caixin reports

Guangdong reported the largest amount of financing in China in 2013 at 1.38 trillion yuan (US$227.266 billion), financial news website reported Thursday, citing data from the People’s Bank of China. Of the country’s 31 provinces and cities, Beijing, Jiangsu and Shandong also recorded over 1 trillion yuan in financing during the year. Guangdong, Beijing, Jiangsu, Shandong, Zhejiang and Shanghai accounted for 37.9 percent of the country’s total financing amount, down 1.5 percentage points from 2012 and 6.2 percentage points lower than in 2011, the report said.

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