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PBOC releases 3rd quarter monetary report
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The People's Bank of China has released its 3rd quarter monetary policy report. China's central bank said during the first 9 months this year, major medium- and long-term loans were granted for projects in the basic infrastructure, property and manufacturing industries.

In its third quarter monetary policy report, the People's Bank of China said medium- and long-term loans for real estate projects totaled 210 billion yuan during the first 3 quarters this year. That accounts for nearly 12 percent of the country's total lending, down from the 15 percent for the same period last year.

PBOC releases 3rd quarter monetary report
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