China's new loans rise to 294.8 bln yuan in November

BEIJING, Dec. 11 (Xinhua) -- China's new yuan-denominated lending in November rose to 294.8 billion yuan (43.2 billion U.S. dollars) from October's 253 billion yuan, the People's Bank of China, the central bank, said Friday.

The November figure brought new yuan-denominated loans in the first 11 months to 9.21 trillion yuan, 5.06 trillion yuan more than the corresponding period last year.