China's yuan loans rise by 11.52 trillion yuan

China experienced an increase in the total yuan-denominated loans, which reached 11.52 trillion yuan (approximately $1.71 trillion) during the first nine months of 2026, bringing the total to 283.44 trillion yuan by the end of September, with an annual growth rate of 4.8%. The M2 money supply also grew by 7.2% to reach 359.63 trillion yuan, while M1 stood at 116.76 trillion yuan, reflecting a 3.2% increase. Monetary policies, including interest rate cuts and expanded lending support, have helped enhance liquidity availability and stimulate sustainable economic growth, with data indicating moderate growth in financing and an improved financial environment in China.

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