China: Money Supply - M0

Macro

2026-08-15

Description

China Money Supply - M0 is compiled and published by the People's Bank of China (PBOC) and measures the total amount of cash in circulation. M0 is the most basic level of money supply and generally reflects changes in cash demand within the economy. It serves as an important indicator for observing the implementation of monetary policy and liquidity management. Growth in M0 typically indicates rising cash demand, reflecting increased consumption and transaction activities, while a decline in M0 may suggest weakened cash demand or reduced economic activity.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Finance M0

AI Data Insight

China's latest M0 money supply for Q3 2026 reached RMB 14,820.286 billion, climbing further from the previous value of RMB 14,736.479 billion. While cash in circulation has grown steadily, the scissors difference between M1 and M2 still reflects a low degree of corporate fund activation. The PBOC's future structural easing policies and the progress of the real economic recovery will be the focus of market attention.

You May Also Like

AI Data Insight

China's latest M0 money supply for Q3 2026 reached RMB 14,820.286 billion, climbing further from the previous value of RMB 14,736.479 billion. While cash in circulation has grown steadily, the scissors difference between M1 and M2 still reflects a low degree of corporate fund activation. The PBOC's future structural easing policies and the progress of the real economic recovery will be the focus of market attention.

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

China Money Supply - M0 is compiled and published by the People's Bank of China (PBOC) and measures the total amount of cash in circulation. M0 is the most basic level of money supply and generally reflects changes in cash demand within the economy. It serves as an important indicator for observing the implementation of monetary policy and liquidity management. Growth in M0 typically indicates rising cash demand, reflecting increased consumption and transaction activities, while a decline in M0 may suggest weakened cash demand or reduced economic activity.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Finance M0