Deposits rise in Yangtze River Delta in first three quarters

Source: Xinhua| 2019-11-09 19:12:00|Editor: mingmei
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BEIJING, Nov. 9 (Xinhua) -- The Yangtze River Delta, a leading growth engine in China, saw more deposits in the first three quarters, official data showed.

The region's domestic and foreign currency deposits grew by 3.7 trillion yuan (526.32 billion U.S. dollars) in the first three quarters, 790.9 billion yuan more than the same period last year, according to the Shanghai Head Office of the People's Bank of China.

At the end of September, the balance of domestic and foreign currency deposits in the region was 47.02 trillion yuan, up 9.4 percent year on year.

The growth rate was 1.3 percentage points higher than the national average and 1.4 percentage points higher than the same period last year.

The balance of domestic and foreign currency deposits accounted for 24 percent of the country's total, 0.3 percentage points higher than the same period last year.

The Yangtze River Delta includes Shanghai, and the provinces of Jiangsu, Zhejiang and Anhui in this calculation.

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