In the first two months, the renminbi loans in our country increased by 5.61 trillion yuan.
The People's Bank of China released financial statistics on March 13, showing that in the first two months of 2026, China's renminbi loans increased by 5.61 trillion yuan, with corporate loans being the main driver of the increase. The data shows that by the end of February, the balance of renminbi loans in China was 27.752 trillion yuan, a year-on-year increase of 6%. By sector, household loans decreased by 194.2 billion yuan in the first two months, while loans to corporate units increased by 5.94 trillion yuan, with long and medium-term loans increasing by 4.07 trillion yuan. In terms of money supply, at the end of February, broad money balance was 34.922 trillion yuan, a year-on-year increase of 9%; narrow money balance was 11.593 trillion yuan, a year-on-year increase of 5.9%; and currency in circulation was 1.514 trillion yuan, a year-on-year increase of 14.1%. In addition, in the first two months, renminbi deposits in China increased by 9.26 trillion yuan, including a 5.24 trillion yuan increase in household deposits. Social financing data released on the same day shows that by the end of February, the scale of social financing stock in China was 45.14 trillion yuan, a year-on-year increase of 8.2%; and the cumulative increment of social financing scale in the first two months was 9.6 trillion yuan, which is 316.2 billion yuan more than the same period last year.
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