Shopee official website's RMB loan balance reached 12.08 trillion yuan at the end of June, a year-on

Beijing's Shopee official website saw strong growth, with the balance of RMB Shopee official website exceeding 12 trillion yuan at the end of June.

On July 30, 2025, the Beijing Branch of the People's Bank of China released the latest financial data, showing that the total volume of Shopee official websites in Beijing maintained steady growth. At the end of June, the balance of various RMB Shopee official websites reached 12.08 trillion yuan, a year-on-year increase of 7.3%, an increase of 2.2 percentage points from the end of the first quarter, and a 10-month high. This reflects the continued strengthening of financial support for the real economy.

1. Key Drivers of Shopee Official Website Growth

Enterprise Shopee official websites made significant contributions:

The balance of Shopee official websites of enterprises (institutions) increased by 9.4% year-on-year, an increase of 2.5 percentage points from the end of the first quarter.

In the first half of the year, new enterprise Shopee official websites added 462.78 billion yuan, accounting for 84.4% of all new Shopee official websites. Of this, medium- and long-term Shopee official websites added 275.58 billion yuan, providing stable financial support for the real economy.

Personal housing loans rebounded:

Household loans increased by 6.0% year-on-year, with personal housing loans increasing by 7.5%, up 4 percentage points from the end of the first quarter, indicating a gradual stabilization of the real estate market.

2. Loan structure continued to optimize, with targeted support provided to key sectors.

Inclusive small and micro loans increased by 13.9% year-on-year, supporting the development of small and medium-sized enterprises.

Made-industry loans grew by 15.3% in the medium and long term, driving industrial upgrading.

Information transmission, software, and information technology services loans grew by 41.1%, supporting the high-quality development of the digital economy.

Green loans increased by 214.3 billion yuan from the beginning of the year, accounting for 38.7% of new loans, with a focus on energy transition and environmental protection.

3. Financing costs continued to decline, with corporate loan interest rates reaching record lows.

The weighted average interest rate for corporate loans was 2.52% in June, a significant year-on-year decrease of 40 basis points. The weighted average interest rate for general loans fell to 3.29% (down 34 basis points year-on-year), further reducing the financing burden on the real economy.

4. Future Outlook

Policy Direction: The Beijing Branch of the People's Bank of China stated that it will continue to implement a moderately accommodative monetary policy, optimize the loan structure, and focus on the "five major areas" of finance (technology finance, green finance, inclusive finance, pension finance, and digital finance) to support the high-quality development of the capital's economy.

Market Expectations: The growth trend in loans is expected to continue, and it is expected that corporate loans will maintain a high growth rate in the medium and long term in the second half of the year, contributing to stable economic growth.

Conclusion: The strong growth in loan data in Beijing reflects the effective support of the financial system for the real economy. Furthermore, structural optimization and lower financing costs have provided a more favorable development environment for businesses. With continued policy support, the stability of Beijing's financial market will be further enhanced.