BEIJING: China's inclusive finance loans expanded by 3.26 trillion yuan (503.86 billion yuan) in the first half of the year, 832.4 billion yuan more than the same period last year, the People's Bank of China said.
The balance of inclusive finance loans stood at 24.76 trillion yuan at the end of June, up 25.5 percent year on year and the growth rate was 1.3 percentage points higher than that at the end of 2020, reports Xinhua.
The balance of inclusive finance loans for farmers' agricultural activities stood at 6.59 trillion yuan, up 13.6 percent year on year.
The balance of start-up guarantee loans was 229.3 billion yuan, up 32.9 percent year on year. The balance of student loans totaled 123.8 billion yuan, up 11.2 percent year on year.