---
title: "Central Bank: From January to November, the cumulative increment of total social financing amounted to 29.4 trillion yuan, a year-on-year decrease of 4.24 trillion yuan"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/222270600.md"
description: "On December 13th, the People's Bank of China released the statistical report on the incremental social financing scale for November 2024. Preliminary statistics show that the cumulative incremental social financing scale for the first eleven months of 2024 was 29.4 trillion yuan, a decrease of 4.24 trillion yuan compared to the same period last year. Among them, the RMB loans issued to the real economy increased by 16.21 trillion yuan, a year-on-year decrease of 4.91 trillion yuan; foreign currency loans issued to the real economy decreased by 324.1 billion yuan, a year-on-year decrease of 167 billion yuan; entrusted loans decreased by 55.8 billion yuan, a year-on-year decrease of 80 billion yuan; trust loans increased by 382.6 billion yuan, a year-on-year increase of 259.7 billion yuan; undiscounted bank acceptance bills decreased by 196.4 billion yuan, a year-on-year decrease of 204.7 billion yuan; net financing of corporate bonds was 1.93 trillion yuan, a year-on-year increase of 25.7 billion yuan; net financing of government bonds was 9.54 trillion yuan, a year-on-year increase of 866.8 billion yuan; domestic stock financing of non-financial enterprises was 241.6 billion yuan, a year-on-year decrease of 500.7 billion yuan. This article is excerpted from the \"People's Bank of China\" public account, edited by Jiang Yuanhua of Zhitong Finance"
datetime: "2024-12-13T11:12:03.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/222270600.md)
  - [en](https://longbridge.com/en/news/222270600.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222270600.md)
---

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# Central Bank: From January to November, the cumulative increment of total social financing amounted to 29.4 trillion yuan, a year-on-year decrease of 4.24 trillion yuan

According to the Zhitong Finance APP, on December 13th, the People's Bank of China released the statistical report on the incremental social financing scale for November 2024. Preliminary statistics show that the cumulative incremental social financing scale for the first eleven months of 2024 was 29.4 trillion yuan, a decrease of 4.24 trillion yuan compared to the same period last year. Among them, the RMB loans issued to the real economy increased by 16.21 trillion yuan, a year-on-year decrease of 4.91 trillion yuan; foreign currency loans issued to the real economy, converted to RMB, decreased by 324.1 billion yuan, a year-on-year increase of 167 billion yuan; entrusted loans decreased by 55.8 billion yuan, a year-on-year increase of 80 billion yuan; trust loans increased by 382.6 billion yuan, a year-on-year increase of 259.7 billion yuan; undiscussed bank acceptance bills decreased by 196.4 billion yuan, a year-on-year increase of 204.7 billion yuan; net financing of corporate bonds was 1.93 trillion yuan, a year-on-year increase of 25.7 billion yuan; net financing of government bonds was 9.54 trillion yuan, a year-on-year increase of 866.8 billion yuan; non-financial enterprises' domestic stock financing was 241.6 billion yuan, a year-on-year decrease of 500.7 billion yuan.

**This article is selected from the "People's Bank of China" official account, edited by Jiang Yuanhua of Zhitong Finance.**

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