China's yuan loans grow 11.42 trln yuan in first 10 months

BEIJING, Nov. 13 (Xinhua) -- China's yuan-denominated loans rose by 11.42 trillion yuan (about 1.7 trillion U.S. dollars) in the first 10 months of 2026, central bank data showed on Friday.

At the end of October, outstanding yuan loans stood at 283.33 trillion yuan, up 4.7 percent year on year, according to the People's Bank of China (PBOC).

China's outstanding aggregate financing to the real economy stood at 469.16 trillion yuan at the end of October, up 7.2 percent year on year, the central bank noted.

M2, a broad measure of money supply that covers cash in circulation and all deposits, increased by 7.1 percent year on year to 359.06 trillion yuan by the end of last month, the PBOC said.