BEIJING Women's Nike Air Vapormax KPU TPU Pink White UK , July 15 (Xinhua) -- China's credit data came in stronger than expected in June, with new yuan-denominated loans jumping to 1.08 trillion yuan (175.61 billion U.S. dollars) Women's Nike Shoes Air Vapormax 2018 Pink UK , up from 870.8 billion yuan in May.


In the first six months, new yuan-denominated lending hit 5.74 trillion yuan Nike Air Vapormax 2018 UK Women's Purple , up 659 billion yuan on a year-on-year basis, according to figures released by the People's Bank of China on Tuesday.


Faster growth in loans is expected to channel more liquidity away from the interbank market Men's Nike Air Max 2018 Elite KPU TPU UK Grey Black , and into the real economy, according to a HSBC research note written by economists Qu Hongbin and Julia Wang.


But they warned that another few months of data will be needed to see if banks will continue to expand their lending to borrowers.


More loans contributed to growth in aggregate financing. China's total social financing aggregate Men's Adidas NMD R1 Mystic Blue UK , a broad measure of liquidity in the economy, came in at 10.57 trillion yuan in the first half Adidas NMD R1 Primeknit Shock Pink Black UK Women's , up 414.6 billion yuan from a year ago.


The robust growth in both standard credit and non-standard financing was also partly due to the government's recent targeted cuts in reserve requirement ratio at some banks, injecting more liquidity into the market Adidas NMD R1 Primeknit Snakeskin Patterns UK , according to a report from BofA Merrill Lynch Global.


M2, a broad measure of money supply that covers cash in circulation and all deposits Adidas NMD R2 Pink White UK Women's , increased by 14.7 percent year on year to 120.96 trillion yuan at the end of June.


The growth pace was up 1.3 percentage points from the previous month and 1.1 percentage points higher than the end of last year.


The pickup in M2 growth was partly due to the base effect created by the so-called money squeeze in the interbank market last June.


China's economic growth slowed to 7.4 percent year on year in the first quarter. Figures on economic performance for the second quarter are due out on Wednesday. (To stay up to date with the latest China news, follow XHNews on Twitter at http:www.twitterXHNews and Xinhua News Agency on Facebook at http:www.facebookXinhuaNewsAgency.)




by Valentini Anagnostopoulou


PATRAS， Greece， Feb. 27 (Xinhua) -- Despite the rainy weather， thousands of masqueraders and spectators have flooded the streets of Patras， in Western Greece， at the climax of the city's Carnival， Greece's biggest.


The vibrant parade on Sunday， which lasted for six hours and followed a four-km route through the city center， opened with the Municipality's band， which set the festive pace， and the impressive floats of Carnival King and Queen.


The country's severe economic crisis， commented with humor and satire， was at the spotlight of the parade's opening "Float of Inequality".


What followed was a massive， cheerful crowd of more than 30，000 dancing carnivalists of all ages， who encouraged everyone to join in to the sound of upbeat music and spread a message of joy and hope， despite the harsh times Greeks are going through.


"The Carnival is our happiness; it is our optimism and power. We will be here every year to show people that there is still hope，" Katerina told Xinhua， as she paraded down Korinthou street.


Organized in 126 different themed groups and featuring their own 29 elaborate carnival floats， the masqueraders drew their inspiration from current political affairs， social concerns and all-time carnival classics.


Patras boasts a 175-year-old carnival tradition. The city's Carnival lasts approximately one month， spanning from the end of January to the beginning of fast， and features a wide range of events， such as masquerade balls， parades， hidden treasure hunts and the children's carnival， transforming the city into a huge scene.


For the majority of the city's residents， the Carnival is the absolute highlight of the whole year， for which they prepare massively and actively during several months， regardless of their age or social background， preparing their own costumes and floats with artistry and ingenuity.


For Fotis and Maria Mavropoulos， a couple in their 80s， the Carnival is a family affair. When they were younger they used to take part in the parade every year. "Now we are here to cheer our children and grandchildren，" Mavropoulos said.




WELLINGTON， March 26 (Xinhua) -- Chinese Premier Li Keqiang arrived here on Sunday for an official visit to New Zealand， the first to the Oceanian country since he took office as Chinese premier in 2013.


During the four-day stay， Li is scheduled to hold talks with his New Zealand's counterpart Bill English and meet Governor-General Patsy Reddy and other officials. He will also pay a visit to Auckland， the largest city of the country， for a number of business and culture exchange activities.


This year marks the 45th anniversary of the establishment of China-New Zealand relations. Li's visit， the first by a Chinese premier in 11 years， is widely expected to further strengthen bilateral ties.


The two sides will expand cooperation in such areas as infrastructure， agriculture and husbandry， technological innovation， education， culture， tourism and civil aviation， Chinese Vice Foreign Minister Zheng Zeguang told a press briefing in Beijing on Tuesday.


The visit will send a positive signal that China and New Zealand are committed to trade and investment liberalization and regional peace and stability， Zheng said.


For his part， English expressed hopes for closer ties and cooperation between the two countries.


"The visit is an important opportunity to set the agenda for the next stage of our strong relationship and demonstrates our shared commitment to open trade and economic growth，" English said in a statement.


Bilateral trade between China and New Zealand has increased nearly threefold compared with 2008， when the two countries reached a free trade agreement. The first round of negotiations on upgrading the deal will be held in the first h. Wholesale Jerseys China Wholesale Authentic Jerseys Wholesale MLB Jerseys Wholesale NFL Jerseys China Wholesale Soccer Jerseys Wholesale Hockey Jerseys Cheap Jerseys China Cheap Jerseys From China Cheap College Jerseys Wholesale Authentic NFL Jerseys