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CHINA PRESS

New yuan loans in China should see a slight increase next year, reaching CNY21 trillion, as the central bank aims to boost credit growth to help stabilise the economy, the 21st Century Business Herald reported citing analysts. M2 growth may also accelerate from this year to around 8.7%, while the scale of total social financing around CNY34 trillion, the newspaper said citing Bank of Communications Financial Research Center. The tight credit environment for the real estate sector will be improved, while banks will lend to small and micro enterprises and support green development and technology innovation, the newspaper said.

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