China issued 6.14 trillion yuan (about 855.9 billion U.S. dollars) in new yuan-denominated loans in the first two months of 2025, according to data released by the central bank on Friday.
As of the end of February, outstanding yuan loans stood at 261.78 trillion yuan, marking a 7.3 percent year-on-year increase, the People's Bank of China reported.
M2, a broad measure of money supply that includes cash in circulation and all deposits, had increased by 7 percent year on year to 320.52 trillion yuan by the end of last month.
M1, which comprises cash in circulation, demand deposits, and client reserves at non-banking payment institutions, stood at 109.44 trillion yuan at the end of February, up 0.1 percent year on year.
China issues 6.14 trillion yuan in new loans in first two months of 2025
