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China's central bank publishes AFRE flow in first 9 months

BEIJING
2015-11-04 20:48

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The People's Bank of China, China's central bank, on Wednesday published the aggregate financing to the real Economy (AFRE flow) by province in the first nine months of 2015. Guangdong, Beijing and Jiangsu rank the top three. The AFRE flow to Guangdong reached 1.0765 billion yuan in the first nine months.

Beijing ranks the second with the AFRE flow of 983.1 billion yuan, followed by Jiangsu with the AFRE flow of 914.7 billion yuan. The AFRE flow refers to the total volume of financing provided by the financial system to the real economy during a certain period of time.

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