China's yuan loans increase by 10.72 trln yuan in first half of 2026
Xinhua, July 16, 2026 Adjust font size:
China's yuan-denominated loans rose by 10.72 trillion yuan (about 1.58 trillion U.S. dollars) in the first half of 2026, central bank data showed on Wednesday.
At the end of June, outstanding yuan loans stood at 282.63 trillion yuan, up 5.2 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 8 percent year on year to 356.71 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 118.48 trillion yuan at the end of June, up 4 percent from a year ago. ■