央行、发改委及多品种：7月M2增8.8%，1880亿补助下达

Group 1: Macroeconomic Indicators - As of the end of July, the broad money supply (M2) reached 329.94 trillion yuan, with a year-on-year growth of 8.8%, up from 8.3% at the end of June [1] - The narrow money supply (M1) stood at 111.06 trillion yuan, showing a year-on-year increase of 5.6% [1] - The currency in circulation (M0) was 13.28 trillion yuan, reflecting a year-on-year growth of 11.8% [1] - In the first seven months, a net cash injection of 465.1 billion yuan was recorded [1] Group 2: Lending and Investment - In the first seven months, new RMB loans increased by 12.87 trillion yuan, with household loans rising by 680.7 billion yuan and corporate loans increasing by 11.63 trillion yuan [1] - The National Development and Reform Commission allocated 188 billion yuan in special bonds to support equipment upgrades, which is expected to drive total investment exceeding 1 trillion yuan [1] Group 3: Commodity Market Insights - The recent market for soybean meal and oil has faced multiple uncertainties, prompting related entities to enhance investor education and risk prevention [1] - The International Energy Agency (IEA) revised upward its global oil supply growth forecast for 2025 and 2026, while lowering the demand growth forecast for the same years [1] - As of August 12, domestic asphalt companies reported a 3.8% decrease in shipment volume week-on-week, while refinery capacity utilization and weekly output increased [1] - The price of lithium carbonate rose by 3,000 yuan per ton compared to the previous working day, affecting both battery-grade and industrial-grade prices [1] - The silicon industry association indicated that prices in the polysilicon market are expected to stabilize [1]