China: Depository Corporations Survey - Quasi-Money

Macro

2026-08-15

Description

China Depository Corporations Survey - Quasi-Money is compiled and published by the People's Bank of China (PBOC) to measure the total amount of quasi-monetary assets held by depository corporations in China, such as banks. These include time deposits, savings deposits, and other funds with lower liquidity. Quasi-money reflects assets in the economy that have lower liquidity but may be converted into money in the future, serving as an important indicator for analyzing the structure of the money supply and liquidity management. Growth in quasi-money usually indicates an increase in deposits and enhanced stability of funds within the banking system, while a decline may suggest capital outflows or a slowdown in economic activity.

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

AI Data Insight

The latest data shows that in Q3 2026 (as of 2026-07-01), the scale of quasi-money in China climbed to 2,400,454.24 hundred million RMB, a significant increase from the previous value. Under the environment where the People's Bank of China maintains a "moderately loose" monetary policy, the scissors gap between M2 and M1 has widened, reflecting that funds are conservatively parked and the revitalization of the real economy still needs improvement.

AI Data Insight

The latest data shows that in Q3 2026 (as of 2026-07-01), the scale of quasi-money in China climbed to 2,400,454.24 hundred million RMB, a significant increase from the previous value. Under the environment where the People's Bank of China maintains a "moderately loose" monetary policy, the scissors gap between M2 and M1 has widened, reflecting that funds are conservatively parked and the revitalization of the real economy still needs improvement.

Description

China Depository Corporations Survey - Quasi-Money is compiled and published by the People's Bank of China (PBOC) to measure the total amount of quasi-monetary assets held by depository corporations in China, such as banks. These include time deposits, savings deposits, and other funds with lower liquidity. Quasi-money reflects assets in the economy that have lower liquidity but may be converted into money in the future, serving as an important indicator for analyzing the structure of the money supply and liquidity management. Growth in quasi-money usually indicates an increase in deposits and enhanced stability of funds within the banking system, while a decline may suggest capital outflows or a slowdown in economic activity.

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