Beijing: China's yuan-denominated loans rose by CNY 10.38 trillion (about USD 1.53 trillion) in the first seven months of 2026. The People's Bank of China (central bank) data showed that the outstanding yuan loans stood at CNY 282.29 trillion at the end of July, up 5.1 percent year on year.
According to Qatar News Agency, M2, a broad measure of money supply that covers cash in circulation and all deposits, increased by 7.7 percent year on year to CNY 355.51 trillion by the end of last month. M1, which covers currency in circulation, corporate demand deposits, personal demand deposits, and provisions received by non-bank payment institutions, reached CNY 115.46 trillion at the end of July, up 4 percent from a year earlier.
China's outstanding aggregate financing to the real economy stood at CNY 463.27 trillion at the end of July, up 7.4 percent year on year, according to China's central bank. The increase in yuan loans and aggregate financing reflects ongoing economic activity and monetary conditions within the country.