China's July data pointed to broad domestic weakness across credit, deposits and real activity, reinforcing calls for stronger policy support. People's Bank of China figures showed RMB deposits rose by just 30 billion yuan, down 470 billion yuan from a year earlier, while RMB loans fell by 340 billion yuan, the lowest monthly increment on record. National Bureau of Statistics data showed retail sales rose 0.6% year on year, industrial output slowed to 4.5%, fixed-asset investment contracted 6.7% in January-July and the urban unemployment rate edged up to 5.2%. Against that backdrop, Ma Jiantang, former Party Secretary of the Development Research Center of the State Council, said insufficient domestic demand is the economy's most prominent constraint and called for a moderate increase in ultra-long special treasury bond issuance through statutory procedures. Analysts said weak household consumption, corporate investment appetite and delayed fiscal fund deployment are increasing pressure on Beijing to accelerate spending, bond-fund disbursement and other incremental support measures, even as exports remained strong.