(PBOC) show that China's foreign exchange deposits have grown by 4.2 percent this year, while foreign exchange loans have grown by 16.8 percent, both year-on-year figures.
By the end of May, outstanding forex deposits stood at US$149.7 billion, while outstanding forex loans reached US$113.7 billion.
Of the total forex deposits, US$49.4 billion came from enterprises and institutions, up 1.1 percent from the same period last year; while savings deposits stood at US$90.5 billion, up 5.8 percent.
Of the total forex loans, short-term loans accounted for US$35.6 billion, up 19.4 percent from the same period last year; while medium- and long-term loans stood at US$39.9 billion, up 19.9 percent.
(Xinhua News Agency June 17, 2003)
