The loan demand index of small and micro-sized firms in the second quarter of 2023 in China had a value of 64.5 percent. This meant that the heads of the surveyed banking institutions on average estimated that the demand for loans would increase in the next quarter. Compared to large and medium-sized companies, survey respondents expected higher demand for loans from small and micro-sized companies.
Chinese loan demand index of small and micro-sized 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 value is calculated and converted to percentage. Interpretation: Percentage of indicators that expect increasing demand.
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People's Bank of China. (June 29, 2023). Chinese loan demand index of small and micro-sized firms from 2nd quarter 2018 to 2nd quarter 2023 [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/
People's Bank of China. "Chinese loan demand index of small and micro-sized firms from 2nd quarter 2018 to 2nd quarter 2023." Chart. June 29, 2023. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/
People's Bank of China. (2023). Chinese loan demand index of small and micro-sized firms from 2nd quarter 2018 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/
People's Bank of China. "Chinese Loan Demand Index of Small and Micro-sized Firms from 2nd Quarter 2018 to 2nd Quarter 2023." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/
People's Bank of China, Chinese loan demand index of small and micro-sized firms from 2nd quarter 2018 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/ (last visited January 06, 2025)
Chinese loan demand index of small and micro-sized 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/1171584/china-overall-loan-demand-index-of-small-and-micro-sized-firms/
