AI Data Insight
China's latest M0 money supply year-on-year growth rate for Q4 (as of October) reached 10.7%, slightly up from the previous 10.6%, halting the recent downward trend. Against the backdrop of the People's Bank of China (PBOC) continuing to implement a moderately loose monetary policy, market liquidity and cash demand are expected to remain steady before the end of the year, though the sustainability of credit recovery still requires attention.