半两财经｜央行：前11个月我国社融规模增量超去年全年

Group 1 - The total social financing scale in China for the first eleven months reached 33.39 trillion yuan, exceeding the total for the previous year [1] - By the end of November 2025, the social financing scale stock was 440.07 trillion yuan, showing a year-on-year growth of 8.5% [1] - The balance of RMB loans to the real economy was 267.42 trillion yuan, with a year-on-year increase of 6.3% [1] Group 2 - The broad money supply (M2) at the end of November was 336.99 trillion yuan, reflecting an 8% year-on-year growth [1] - The narrow money supply (M1) was 112.89 trillion yuan, with a year-on-year increase of 4.9% [1] - The cash in circulation (M0) reached 13.74 trillion yuan, showing a year-on-year growth of 10.6% [1] Group 3 - The total deposits in both domestic and foreign currencies at the end of November amounted to 334.46 trillion yuan, with a year-on-year increase of 8% [2] - The balance of RMB deposits was 326.96 trillion yuan, reflecting a year-on-year growth of 7.7% [2] - Foreign currency deposits reached 1.06 trillion USD, with a year-on-year increase of 28.3% [2] Group 4 - The total loans in both domestic and foreign currencies at the end of November were 274.84 trillion yuan, with a year-on-year growth of 6.3% [2] - The balance of RMB loans was 271 trillion yuan, showing a year-on-year increase of 6.4% [2] - Household loans increased by 533.3 billion yuan, with short-term loans decreasing by 732.8 billion yuan and medium to long-term loans increasing by 1.27 trillion yuan [2]