China's yuan loans increase by 10.38 trln yuan in Jan.-July period-Xinhua

China's yuan loans increase by 10.38 trln yuan in Jan.-July period

Source: Xinhua

Editor: huaxia

2026-08-14 18:20:15

This photo taken on Oct. 19, 2023 shows the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)

BEIJING, Aug. 14 (Xinhua) -- China's yuan-denominated loans rose by 10.38 trillion yuan (about 1.53 trillion U.S. dollars) in the first seven months of 2026, central bank data showed on Friday.

At the end of July, outstanding yuan loans stood at 282.29 trillion yuan, up 5.1 percent year on year, according to the People's Bank of China.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, had increased by 7.7 percent year on year to 355.51 trillion yuan by the end of last month.

The M1, which covers cash in circulation, demand deposits and client reserves of non-bank payment institutions, reached 115.46 trillion yuan at the end of July, up 4 percent from a year ago. 

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