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China's new yuan loans hit 12.09 tln in H1 under policy support

China's new yuan-denominated loans hit 12.09 trillion yuan (about 1.73 trillion U.S. dollars) in the first half year, central bank data showed Friday, testifying policy support in healing the coro

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China's May industrial profits rebound 6% due to easing cost pressures

Profits of China's major industrial firms rose 6 percent year on year to 582.3 billion yuan (82.28 billion U.S. dollars) in May due to the easing of cost pressures on producers and gradual recover