Source: Xinhua
Editor: huaxia
2025-09-12 19:25:30
BEIJING, Sept. 12 (Xinhua) -- China's yuan-denominated loans rose 13.46 trillion yuan (about 1.9 trillion U.S. dollars) in the first eight months of the year, central bank data showed on Friday.
Of the figure, household loans grew 711 billion yuan, and loans to enterprises and public institutions increased by 12.22 trillion yuan, according to the People's Bank of China.
Outstanding yuan loans stood at 269.1 trillion yuan at the end of August, which was up 6.8 percent year on year, according to the central bank.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.8 percent year on year to come in at 331.98 trillion yuan at the end of August.
The M1, which covers cash in circulation, demand deposits, and client reserves of non-bank payment institutions, stood at 111.23 trillion yuan at the end of last month, up 6 percent year on year.
And the M0, which indicates the amount of cash in circulation, increased 11.7 percent year on year to 13.34 trillion yuan at the end of August.
Yuan deposits rose 20.5 trillion yuan in the first eight months, with household deposits contributing 9.77 trillion yuan to that figure.
According to preliminary statistics, the aggregate financing to the real economy was 26.56 trillion yuan in the first eight months, which was 4.66 trillion yuan more than the same period last year.
The outstanding aggregate financing to the real economy stood at 433.66 trillion yuan at the end of August, registering 8.8 percent year-on-year growth. ■