Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China's M2 up 13.3% in Feb

Mar 12 (China Knowledge) - China's M2, a broad measure of money supply, was at RMB 113.18 trillion at the end of Feb 2014, up 13.3% compared with a year ago, and the growth was 0.1% higher than a month earlier, according to statistics released by the People's Bank of China.

 

M1, which includes deposits in withdrawal on demand accounts and cash in circulation, had risen 6.9% year on year to RMB 31.66 trillion at the end of last month. The growth rate was 5.7% higher than that at the end of Jan.

 

M0, or cash in circulation, had increased 3.3% from a year earlier to RMB 6.23 trillion at the end of last month.

 

The Central Bank also said that the country's new RMB denominated loans were RMB 644.5 billion last month, RMB 24.5 billion more than the same period of 2013.

 

China saw its outstanding RMB loans grow 14.3% from a year earlier to RMB 73.86 trillion at the end of last month.

 

As at the end of Feb 2014, the country's outstanding RMB deposits had increased 12.5% year on year to RMB 105.44 trillion.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved