|
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)
|
青田县| 迁西县| 丹寨县| 达州市| 耒阳市| 绥滨县| 三江| 会东县| 沈丘县| 南和县| 靖边县| 安庆市| 蒙自县| 安达市| 错那县| 靖宇县| 沐川县| 怀柔区| 射阳县| 万盛区| 满城县| 肥东县| 贺州市| 奇台县| 浑源县| 赣州市| 怀化市| 金川县| 谢通门县| 满洲里市| 华安县| 郓城县| 台山市| 海口市| 黄平县| 福贡县| 永胜县| 贵州省| 屯昌县| 自贡市| 新化县|