Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Beijing, August 16 (QNA) – 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.
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.
According to China’s cental bank, 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. (QNA)
