At the end of April, the balance of broad money (M2) was 280.85 trillion yuan, a year-on-year increase of 12.4%. The growth rate was 0.3 percentage point lower than at the end of the previous month and 1.9 percentage points higher than at the same period of the previous year. The balance of narrow money (M1) was 66.98 trillion yuan, a year-on-year increase of 5.3%, and the growth rate was 0.2 percentage point higher than at the end of last month and the same period of last year. The balance of money in circulation (M0) was 10.59 trillion yuan, a year-on-year increase of 10.7%. The PBOC injected a net liquidity of 313 million yuan in April.

China’s Newly Added RMB Loans Expanded 64.9 Billion Yuan YoY In April, China’s Central Bank Says

China’s Newly-Added Social Financing Expanded 272.9 Billion Yuan In April, RMB Loans Issued To The Real Economy Increased Considerably, China’s Central Bank Says