In the second quarter of 2023, the loan demand index of large firms in China had a value of 55.1. This meant that the leaders of the surveyed banking institutions on average estimated that the demand for loans would increase in the next quarter. The respondents suggested that the highest demand for loans in China would come from small and micro-sized companies.
Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023
A diffusion index indicates the climate of the loan demand estimated by heads of banking institutions in the observed quarter. The index is derived by calculating the proportions of respondents whose "demand increased", "demand remained the same", and "demand decreased", assigning weights 1, 0.5, and 0 to them respectively. Finally, the average is value is calculated.
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People's Bank of China. (June 29, 2023). Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/
People's Bank of China. "Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023." Chart. June 29, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/
People's Bank of China. (2023). Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/
People's Bank of China. "Chinese Loan Demand Index of Large Firms from 2nd Quarter 2018 to 2nd Quarter 2023." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/
People's Bank of China, Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/ (last visited November 23, 2024)
Chinese loan demand index of large firms from 2nd quarter 2018 to 2nd quarter 2023 [Graph], People's Bank of China, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/1171527/china-overall-loan-demand-index-of-large-firms/
