According to China's National Development and Reform Commission (NDRC), the Chinese government is aiming for a target of RMB 7.5 trillion ($1.13 trillion) in new loans in 2011.
Based on the official data issued by the Chinese central bank, new loans in China in 2009 totaled RMB 9.59 trillion ($1.45 trillion), nearly double the figure for 2008. In 2010, as of November 30, the country's new loans came to RMB 7.45 trillion ($1.12 trillion).