当前位置:首页 > Information > Chinese News

China's new yuan loans continue to rise

Source:   Time:

BEIJING, March 12 (Xinhua) -- China's new yuan-denominated lending in February hit 1.02 trillion yuan (166.7 billion U.S. dollars), up 376.8 billion yuan from one year earlier, official data showed on Thursday.

M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12.5 percent year on year to 125.74 trillion yuan at the end of February, according to data released by the People's Bank of China, the central bank.

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 5.6 percent year on year to 33.44 trillion yuan.

Total private financing in February stood at 1.35 trillion yuan, up 460.8 billion yuan from a year ago, said the central bank.

Total outstanding loans stood at 90.28 trillion yuan at the end of February, up 13.8 percent from previous year, while outstanding deposits rose 11.4 percent year on year to 126.47 trillion yuan.

Editor: Xiang Bo

[Relative Articles]

Copyright Reserved 2010 © South-East Asia & South Asia Infoport  | Filing Number:ICP 09005773
Technical Support:China Basalt Software Technology Co., Ltd.