Balance of loans up in China's Yangtze River Delta

SHANGHAI -- The balance of loans in the Yangtze River Delta region was 54.77 trillion yuan ($8 trillion) at the end of July, up 14.1 percent year-on-year.

The balance of loans in Chinese yuan reached 53.49 trillion yuan at the end of July, up 14.3 percent year-on-year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans hit $189.5 billion at the end of July, up 0.5 percent year-on-year.

The balance of the region's deposits stood at 66.7 trillion yuan at the end of July, up 12.7 percent year-on-year.

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