Published on: 2026-05-15
Source: People’s Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Beijing, May 15 /Xin Hua/ — In the first four months of 2026, the volume of loans issued in yuan in China increased by 8.59 trillion yuan (about 1.26 trillion USD), according to data published by the People’s Bank of China (PBOC, the Central Bank) on Thursday.
According to the PBOC, as of the end of April, the volume of outstanding loans in yuan amounted to 280.5 trillion yuan, which is 5.6% more on an annualized basis.
The broad money supply /M2/ in China, which includes cash in circulation and all deposits, increased by 8.6% year-on-year by the end of last month to 353.04 trillion yuan.
By the end of April this year, the money supply in the narrow sense (M1), which includes cash in circulation and demand deposits, increased by 5% year-on-year and amounted to 114.58 trillion yuan.
As of the end of April, the total amount of outstanding financing for the real sector of the economy in China amounted to 456.89 trillion yuan, demonstrating a growth of 7.8 percent on a yearly basis.
In particular, according to preliminary statistical data, the total financing volume of the real sector of the economy in the country for January-April of this year amounted to 15.45 trillion yuan, which is 893 billion yuan less than in the same period last year.
In January-April of this year, deposits in yuan increased by 14 trillion yuan. By the end of April, the volume of deposit balances in yuan increased by 8.9% year-on-year to 342.68 trillion yuan, while deposits in foreign currency grew by 19.9% year-on-year.
According to the government work report, in 2026 China will continue to conduct a moderately loose monetary and credit policy.
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