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China's Liquidity Boosts Economy: CNY170 Trillion by 2025

9/24/2025

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Story summary
  • CNY170 trillion in liquidity reached the real economy from 2021-2025, per key financial authorities.
  • Inclusive loans to small enterprises reached CNY36 trillion, supporting R&D, manufacturing, and infrastructure.
  • Banking assets near CNY470 trillion by mid-2025; foreign exchange reserves were the largest globally for 20 years.
  • Tech now accounts for over 25% of the A-share market.