July 2011

1. Broad money growth 14.7%, narrow money growth 13.1%

At the end of 7, the balance of broad currency (M2) was 77 trillion and 290 billion yuan, an increase of 14.7% over the same period last year, which was 1.2 and 2.9 percentage points lower than the end of last month and the same period last year. The balance of narrow money (M1) was 27 trillion and 60 billion yuan, up 11.6% over the same period last year, which was 1.5 and 11.3 percentage points lower than the end of last year and the same period last year. The currency in circulation (M0) was 4 trillion and 520 billion yuan, an increase of 14.3% over the same period last year.

Net cash in the month was 70 billion 500 million yuan, more than 6 billion 700 million yuan a year.

Two. RMB in that month.

At the end of 7, the balance of foreign currency loans was 55 trillion and 130 billion yuan, an increase of 16.7% over the same period last year.

The balance of RMB loans was 51 trillion and 900 billion yuan, an increase of 16.6% over the same period last year, 0.3 and 1.8 percentage points lower than the end of last month and the same period last year.

RMB loans increased by 492 billion 600 million yuan in that month, a decrease of 25 billion 200 million yuan compared with the same period last year.

According to the division, household loans increased by 176 billion 200 million yuan, including short-term loans increased by 54 billion 100 million yuan, medium and long-term loans increased by 122 billion 100 million yuan, loans from non-financial enterprises and other sectors increased by 315 billion 700 million yuan, of which short-term loans increased by 131 billion 300 million yuan, medium and long-term loans increased by 104 billion 200 million yuan, and paper financing increased by 65 billion 300 million yuan.

The balance of foreign currency loans was 502 billion US dollars, an increase of 23.9% over the same period last year, and foreign currency loans increased by 100 million US dollars during the month.

Three, RMB deposits decreased by 668 billion 700 million yuan in the same month, and foreign currency deposits decreased by 8 billion 700 million dollars.

7 at the end of the month, the foreign currency

Four, interbank market pactions are active, market interest rates have dropped.

RMB pactions in the interbank market totaled 18 trillion and 330 billion yuan in July, with an average daily turnover of 872 billion 700 million yuan, with a turnover of more than 89 billion 300 million yuan a day, an increase of 11.4% over the same period last year.

In July, the weighted average interest rate of interbank market interbank lending was 4.44%, 0.12 percentage points lower than that of last month, and the weighted average interest rate for repurchase of pledged bonds was 4.61%, 0.33 percentage points lower than that of last month.

Note: the balance of loans has been deducted from the cancellation of historical policy financial pactions 92 billion 400 million yuan in March 2011.