Off the wire
• Foreign exchange rates in Hong Kong  • Trading on Hong Kong Stock Exchange  • China hopes RMB included in SDR basket in "near future"  • Cambodia, Australia further discuss refugee resettlement plan  • China mulling new policies for Internet finance  • 1st LD-Writethru: China shares close higher on strong financial sector  • Interview: Peking opera fascinates U.S. audience: young Chinese actresses  • China stock index futures close higher Thursday  • China's first online sales regulation holds trading platforms liable  • China treasury bond futures close mixed Thursday  
You are here: 　 Home

1st LD: China's new yuan loans continue to rise

Xinhua, March 12, 2015 Adjust font size:

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. Endi