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China Daily | Updated: 2022-12-13 00:00
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Aggregate social financing up 10%

China's outstanding aggregate social financing — the total amount of financing to the real economy — stood at 343.19 trillion yuan ($49.21 trillion) as of the end of last month, up 10 percent year-on-year, the People's Bank of China, the country's central bank, said on Monday. The growth rate edged down from 10.3 percent a month earlier and marked the slowest reading since October last year when the reading also came in at 10 percent, PBOC data showed. Meanwhile, China's broad money supply, or M2, stood at 264.7 trillion yuan as of the end of November, up by 12.4 percent from a year ago.

Express delivery sector sees expansion

China's courier sector posted expansion in November, a monthly industry index showed. The China express delivery development index for November came in at 338.7, up 1.2 percent year-on-year, the State Post Bureau said.

Xinhua - China Daily

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