AI Data Insight
According to the latest DataTrack data, China's M1 year-on-year growth rate in May 2026 fell to 4.0% from 5.5% in the previous month, indicating a slowdown in corporate demand deposit growth. Although some external searches show it maintained at 5.5%, this report relies on the final DataTrack observations, pointing out that the widening 'scissors gap' between M2 and M1 reflects that real economy liquidity and corporate investment willingness still require further policy stimulation.