Yuan-Denominated
Loans Surge by 10.44 Trillion Yuan

Beijing,
15 Sep 2026 (ONA) — Yuan-denominated loans rose by 10.44 trillion yuan,
equivalent to approximately 1.54 trillion US dollars, during the first eight
months of 2026.

The
People’s Bank of China (the central bank) reported yesterday that outstanding
yuan-denominated loans reached 282.35 trillion yuan by the end of last August,
registering a 4.9 percent increase year-on-year.

The
bank noted that broad money supply “M2,” which comprises currency in
circulation and all types of deposits, rose 7.5 percent year-on-year to reach
356.81 trillion yuan by the end of last August.

Narrow
money supply “M1,” which includes currency in circulation, demand
deposits of companies and individuals, and reserves of customers of non-bank
payment institutions, stood at 115.77 trillion yuan by the end of last August,
marking a 4.1 percent increase year-on-year.

The
bank explained, according to the Xinhua News Agency, that the balance of total
Chinese financing directed to the real economy reached 464.8 trillion yuan by
the end of last August, up 7.2 percent year-on-year.

—
Ends/Khalid