社会融资总量

自推出以来，社会融资总量在学术界面临诸多争议。

Since its introduction , the TSF measure has faced plenty of controversy in academic circles .

除了银行贷款，社会融资总量还包括信托贷款、委托贷款和银行承兑汇票等新类别。

In addition to bank loans , TSF included newer categories such as trust lending , entrusted loans or credits between companies and bankers ' acceptances , to name a few items .

中国央行（PBoC）上月发布的数据显示，2014年所有渠道的信贷创造量同比减少6%，为2002年开始收集社会融资总量数据以来，仅有的三个呈现减少态势的年度之一。

Data released last month by the People 's Bank of China show that credit creation from all sources fell 6 per cent in 2014 from a year earlier , only the third annual decline since collection of data on total social finance started in 2002 .

因为社会融资总量是一个汇总自不同部门的统计数据，有技术性问题也有各个部门的政策考虑。

Because it is a sum of the data from different departments , technical problems and policy considerations from different departments may be the concerns .

2013年年中基建投资上扬之前，社会融资总量在该年前六个月增长31%。

The uptick in infrastructure investment in mid-2013 was preceded by a 31 per cent rise in total social financing in the first six months of that year .

2月份社会融资总量为人民币9387亿元，远低于1月份人民币2.58万亿元的规模。

Total social financing , a broader measurement of credit in the economy , reached 938.7 billion yuan in February , well below 2.58 trillion yuan in the previous month .

在银行放贷减速之际，这带来了社会融资总量（指银行贷款、企业债券以及影子银行贷款的总和）的健康增长。

This has brought healthy growth in total social financing ( bank loans , plus corporate bonds , plus shadow sector credit ) , even as bank lending has slowed .

最广泛的信贷指标社会融资总量今年增长52%，同时纯信贷增长是经济增速的两倍。

The broadest measure of lending , total social financing , is up 52 per cent this year , while pure credit is growing at twice the pace of the economy .

今年11月份，经济中的信贷总量（社会融资总量）比上月增长40%，全年增长率有可能接近20%。

Total credit in the economy ( total social financing ) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent .

另一个问题是，中国央行没有给出社会融资规模的总量数据，只给出过增量部分。

Another problem is that the central bank doesn 't give a figure for the total stock of social financing , only the incremental portion .