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Money supply in line with trend

By Xin Zhiming | China Daily | Updated: 2007-01-16 07:29

China's broad measurement of money supply, or M2, rose 16.9 percent year on year in 2006, a growth "basically" in line with the economic development, the central bank said yesterday.

It was 0.1 percentage point higher than the year-on-year figure by the end of November.

M1, the narrow measurement of money supply, rose 17.5 percent year on year, the People's Bank of China (PBOC) said on its website.

Money supply in line with trend

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