Yuan-denominated loans up by 11.52 trillion yuan in the first three quarters

China's yuan-denominated loans rose by 11.52 trillion yuan ($1.71 trillion) in the first three quarters of 2026, according to the People's Bank of China.

Outstanding yuan loans stood at 283.44 trillion yuan at the end of September, up 4.8 percent year-on-year, central bank data showed.

M1, which covers currency in circulation, corporate demand deposits, personal demand deposits and provisions received by non-bank payment institutions, reached 116.76 trillion yuan at the end of September, a rise of 3.2 percent from a year earlier. 

M2, a broad measure of money supply that covers cash in circulation and all deposits, stood at 359.63 trillion yuan at the end of September, up 7.2 percent year-on-year.