|
BIZCHINA> Money Market
![]() |
|
China's M2 supply up 17.3% in March
(Xinhua)
Updated: 2007-04-20 11:28 China's M2, the broad measure of money supply, jumped 17.3 percent to 36.41 trillion yuan (US$4.72 trillion) at the end of March, Li Xiaochao, spokesman with the National Bureau of Statistics, said on Thursday.
Li said at a press conference that the growth in M2, which covers cash in circulation plus all deposits, was down 1.5 percentage points from the same period last year. The M1, the narrow measure of money supply that covers cash in circulation and corporate demand deposits, rose 19.8 percent to 12.79 trillion yuan at end-March, 7.1 percentage points higher than the same period last year, he said. He noted the outstanding loans of all financial institutions added 1.42 trillion yuan in the first three month to 23.96 trillion yuan and the outstanding deposits gained 1.88 trillion yuan to 35.42 trillion yuan at the end of March. He noted China will continue to strengthen macro-control measures to solve prominent problems including the excessive liquidity and the huge international payments surplus. (For more biz stories, please visit Industries)
|
宁城县| 长丰县| 新河县| 班戈县| 嵊州市| 诸城市| 赤峰市| 紫金县| 富裕县| 江油市| 杭锦旗| 滦平县| 宣恩县| 永清县| 云阳县| 宝坻区| 大荔县| 新野县| 获嘉县| 鄢陵县| 麦盖提县| 彝良县| 永川市| 香河县| 隆尧县| 绩溪县| 驻马店市| 嘉鱼县| 富源县| 楚雄市| 稻城县| 扎囊县| 德阳市| 宁陵县| 南昌县| 榕江县| 三都| 长岛县| 锡林浩特市| 德钦县| 安福县|