LINE

Text:AAAPrint
Economy

China's new yuan lending further expands in December

1
2017-01-12 18:23Xinhua Editor: Wang Fan ECNS App Download

China's new yuan-denominated lending surged to 1.04 trillion yuan (150.29 billion U.S. dollars) in December, up from 794.6 billion yuan a month ago, data from the central bank showed on Thursday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 11.3 percent year on year to 155.01 trillion yuan by the end of December, the People's Bank of China said in a statement on its website.

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, climbed 21.4 percent year on year to 48.66 trillion yuan.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.