Core Insights - The People's Bank of China (PBOC) released financial statistics for October, indicating a steady growth in monetary supply and social financing, reflecting ongoing economic activity and liquidity in the market [1] Monetary Supply - As of the end of October, the broad money supply (M2) reached 335.13 trillion yuan, growing by 8.2% year-on-year. The narrow money supply (M1) was 112 trillion yuan, up 6.2%, while the currency in circulation (M0) stood at 13.55 trillion yuan, increasing by 10.6%. A net cash injection of 728.4 billion yuan occurred in the first ten months [2] Social Financing - The total social financing stock was 437.72 trillion yuan at the end of October, marking an 8.5% year-on-year increase. The RMB loans to the real economy amounted to 267.01 trillion yuan, up 6.3%, while foreign currency loans converted to RMB were 115 billion yuan, down 16.9% [3] Incremental Financing - In the first ten months, the cumulative increase in social financing was 30.9 trillion yuan, which is 3.83 trillion yuan more than the same period last year. RMB loans to the real economy increased by 14.52 trillion yuan, while foreign currency loans decreased by 114.6 billion yuan [4] Deposits - The total deposits in both domestic and foreign currencies reached 332.92 trillion yuan by the end of October, with a year-on-year growth of 8.3%. RMB deposits were 325.55 trillion yuan, up 8%, and the increase in RMB deposits over the first ten months was 23.32 trillion yuan [5] Loans - The total loans in both domestic and foreign currencies reached 274.54 trillion yuan by the end of October, with a year-on-year growth of 6.3%. RMB loans were 270.61 trillion yuan, increasing by 6.5%, with a total increase of 14.97 trillion yuan in the first ten months [6]
30.9万亿元!重要数据 央行最新发布!
Mei Ri Jing Ji Xin Wen·2025-11-13 15:36