China: Depository Corporations Survey - Money and Quasi-Money

Macro

2026-07-16

Description

China Depository Corporations Survey - Money and Quasi-Money is compiled and published by the People's Bank of China (PBOC) to measure the total amount of various monetary and quasi-monetary assets held by depository corporations in China, such as banks. This indicator reflects the money supply within the banking system and is an important parameter for analyzing monetary liquidity, credit creation capacity, and financial system stability. Growth in money and quasi-money usually indicates abundant liquidity, which may support credit expansion and economic growth, while a decline may suggest tightening liquidity or deteriorating financial conditions.

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

AI Data Insight

As of 2026-06-01 (Q2 2026), China's money and quasi-money balance reached 3,567,108.43 billion RMB, a slight increase from the previous value of 3,536,700.0 billion RMB, but the YoY growth rate dropped to 8.0%, falling short of the market expectation of 8.5%. Although overall liquidity remains abundant, the PBOC has clearly stated that it will downplay quantitative targets in the future, shifting towards structural optimization and lowering overall social financing costs.

AI Data Insight

As of 2026-06-01 (Q2 2026), China's money and quasi-money balance reached 3,567,108.43 billion RMB, a slight increase from the previous value of 3,536,700.0 billion RMB, but the YoY growth rate dropped to 8.0%, falling short of the market expectation of 8.5%. Although overall liquidity remains abundant, the PBOC has clearly stated that it will downplay quantitative targets in the future, shifting towards structural optimization and lowering overall social financing costs.

Description

China Depository Corporations Survey - Money and Quasi-Money is compiled and published by the People's Bank of China (PBOC) to measure the total amount of various monetary and quasi-monetary assets held by depository corporations in China, such as banks. This indicator reflects the money supply within the banking system and is an important parameter for analyzing monetary liquidity, credit creation capacity, and financial system stability. Growth in money and quasi-money usually indicates abundant liquidity, which may support credit expansion and economic growth, while a decline may suggest tightening liquidity or deteriorating financial conditions.

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