September M2 Growth Slightly Lower To 14.2%

By Staff Writer | October 14, 2013

China's money supply of cash in circulation and all deposits, the M2, was RMB107.74 trillion ($17.63 trillion) at the end of September, up 14.2% year-on-year, according to data released by the People's Bank of China (PBOC).

In addition, China's new yuan loans totaled RMB7.28 trillion in the first three quarters, up RMB557 billion compared with last year.

During the same period, total social financing reached RMB13.96 trillion, up 19% compared to last year.

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