Chinanews.com, February 9th. According to the website of the central bank, the financial statistics report for January 2021 shows that at the end of January, the balance of broad money (M2) was 221.3 trillion yuan, a year-on-year increase of 9.4%, and the growth rate was 0.7 points lower than the end of the previous month. Percentage points, 1 percentage point higher than the same period last year.
Data map: People's Bank of China.
Photo by China News Agency reporter Zhang Xinglong
Broad money grew by 9.4%, narrow money grew by 14.7%
At the end of January, the balance of broad money (M2) was 221.3 trillion yuan, a year-on-year increase of 9.4%, and the growth rate was 0.7 percentage points lower than the end of the previous month, and 1 percentage point higher than the same period last year; the balance of narrow money (M1) was 62.56 trillion yuan, a year-on-year increase An increase of 14.7%, the growth rate was 6.1 and 14.7 percentage points higher than the end of last month and the same period of last year respectively; the balance of currency in circulation (M0) was 8.96 trillion yuan, a year-on-year decrease of 3.9%.
Net cash invested in the month was 531 billion yuan.
RMB loans increased by 3.58 trillion yuan in January, and foreign currency loans increased by US$45 billion
At the end of January, the balance of domestic and foreign currency loans was 182.23 trillion yuan, a year-on-year increase of 12.5%.
The balance of RMB loans at the end of the month was 176.32 trillion yuan, a year-on-year increase of 12.7%. The growth rate was 0.1% lower than the end of the previous month and 0.6% higher than the same period last year.
In January, RMB loans increased by 3.58 trillion yuan, an increase of 225.2 billion yuan year-on-year.
In terms of sectors, household loans increased by 1.27 trillion yuan, of which short-term loans increased by 327.8 billion yuan, medium and long-term loans increased by 944.8 billion yuan; corporate (institution) loans increased by 2.55 trillion yuan, of which short-term loans increased by 575.5 billion yuan , Medium and long-term loans increased by 2.04 trillion yuan, bill financing decreased by 140.5 billion yuan; loans from non-banking financial institutions decreased by 199.2 billion yuan.
At the end of January, the balance of foreign currency loans was USD 912.2 billion, a year-on-year increase of 14.6%.
Foreign currency loans increased by US$45 billion that month, an increase of US$36.1 billion year-on-year.
RMB deposits increased by 3.57 trillion yuan in January, and foreign currency deposits increased by US$50 billion
At the end of January, the balance of domestic and foreign currency deposits was 222.22 trillion yuan, a year-on-year increase of 10.4%.
The balance of RMB deposits at the end of the month was 216.14 trillion yuan, a year-on-year increase of 10.4%, and the growth rate was 0.2 and 2.1 percentage points higher than the end of the previous month and the same period last year.
In January, RMB deposits increased by 3.57 trillion yuan, an increase of 624.5 billion yuan year-on-year.
Among them, household deposits increased by 1.48 trillion yuan, non-financial corporate deposits increased by 948.4 billion yuan, fiscal deposits increased by 1.17 trillion yuan, and deposits by non-banking financial institutions decreased by 112 billion yuan.
At the end of January, the balance of foreign currency deposits was US$939.2 billion, a year-on-year increase of 19.9%.
Foreign currency deposits increased by US$50 billion that month, an increase of US$24.5 billion year-on-year.
In January, the monthly weighted average interest rate of inter-bank renminbi market inter-bank lending was 1.78%, and the monthly weighted average interest rate of pledged bond repo was 2.07%
In January, the total transactions in the inter-bank RMB market through lending, spot bonds and repurchase methods totaled 106.88 trillion yuan, with an average daily turnover of 5.34 trillion yuan, and an average daily turnover of 8.4% year-on-year.
Among them, the average daily transaction of interbank lending decreased by 17.7% year-on-year, the average daily transaction of spot bonds decreased by 5.4% year-on-year, and the average daily transaction of pledged repo increased by 16.7% year-on-year.
The weighted average interest rate of inter-bank lending in January was 1.78%, 0.48 percentage points higher than the previous month, and 0.21 percentage points lower than the same period last year; the weighted average interest rate of pledged repo was 2.07%, 0.71 percentage points higher than the previous month and compared with the previous year It was 0.01% lower than that in the same period.
In January, cross-border trade RMB settlement business accounted for 602.1 billion yuan, and direct investment RMB settlement business accounted for 339.6 billion yuan
In January, cross-border trade in goods, trade in services and other current accounts, foreign direct investment, and foreign direct investment settled in RMB accounted for 449.9 billion yuan, 152.2 billion yuan, 127.3 billion yuan, and 272.3 billion yuan respectively.