Balance of loans up in China's Yangtze River Delta

SHANGHAI -- The balance of loans in the Yangtze River Delta region was 53.63 trillion yuan ($8 trillion) at the end of May, up 14 percent year-on-year.

The balance of loans in Chinese yuan reached 52.28 trillion yuan at the end of May, up 13.9 percent year-on-year, and the new yuan loans stood at 485.1 billion yuan in May, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans hit $202.2 billion at the end of May, up 11.9 percent year-on-year.

The balance of the region's deposits stood at 65.24 trillion yuan at the end of May, up 11.6 percent year-on-year.

Shanghai and the provinces of Jiangsu, Zhejiang, and Anhui are under the ambit of the Yangtze River Delta region.