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New Loans Rise to 294.8 Bln Yuan in November

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China's new yuan-denominated lending in November rose to 294.8 billion yuan (US$43.2 billion) 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.

(Xinhua News Agency December 11, 2009)