China: Depository Corporations Survey - Money and Quasi-Money

Macro

2026-05-15

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

Latest data shows that in Q2 2026 (as of April 1), China's total money and quasi-money (M2) was 3,530,425.21 billion RMB, a slight decrease from the previous value of 3,538,600.0 billion RMB. This reflects that while maintaining ample market liquidity, the central bank is gradually optimizing the credit structure, guiding funds "out of the virtual and into the real economy," and shifting its policy focus from scale expansion to the actual financing effectiveness of the real economy.

AI Data Insight

Latest data shows that in Q2 2026 (as of April 1), China's total money and quasi-money (M2) was 3,530,425.21 billion RMB, a slight decrease from the previous value of 3,538,600.0 billion RMB. This reflects that while maintaining ample market liquidity, the central bank is gradually optimizing the credit structure, guiding funds "out of the virtual and into the real economy," and shifting its policy focus from scale expansion to the actual financing effectiveness of the real economy.

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