The situation of weak credit extension has not been significantly relieved. According to informed sources, as of February 19, the four major banks' newly added RMB loan extension in February was approximately 70 billion yuan, among which one major bank had negative newly added loans. In the first two weeks of February, the newly added RMB loan extension by the four major banks was only over 30 billion yuan, surprisingly low. In the following week, the four major banks obviously increased the credit extension intensity, and the amount of loans extended in one week was basically equal to that in the previous two weeks, but there was still no explosive growth. According to informed analysts, apart from insufficient effective demand, the weak performance of newly added loans compared with previous extensions is partly related to local government financing platform loans and real estate loans. For example, local government financing platform loans were once a main area of bank credit extension in the past three years, which are currently gradually maturing, and new credit supply in this area is also strictly restricted. Banks have temporarily failed to find more alternative areas for credit extension, thus naturally leading to weak growth.