By the end of H1, outstanding inclusive finance loans stood at 19.72 trillion yuan (about 2.82 trillion U.S. dollars), up 20.7 percent year on year, data from the People's Bank of China showed.
In H1, the country issued 2.43 trillion yuan of new inclusive finance loans, 937.2 billion yuan more than the same period last year, central bank data showed.
Inclusive finance lending includes loans to micro, small and self-employed businesses, farmers, students and people living in poverty.
The country has rolled out various measures to offer much-needed credit to firms and individuals affected by the COVID-19 epidemic, including targeted reserve requirement ratio cuts for small banks.
By H1, the country's total outstanding loans had risen 13.2 percent year on year to 165.2 trillion yuan, central bank data showed.
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