China News Service, January 10th. The People's Bank of China released the 2022 financial statistics report on the 10th.

1. Broad money increased by 11.8%, and narrow money increased by 3.7%

  At the end of December, the balance of broad money (M2) was 266.43 trillion yuan, an increase of 11.8% year-on-year. An increase of 3.7%, the growth rate was 0.9 percentage points lower than the end of the previous month, and 0.2 percentage points higher than the same period of the previous year; the balance of money in circulation (M0) was 10.47 trillion yuan, a year-on-year increase of 15.3%.

The net cash injection for the year was 1.39 trillion yuan.

2. For the whole year, RMB loans increased by 21.31 trillion yuan, while foreign currency loans decreased by US$177.9 billion

  At the end of December, the balance of domestic and foreign currency loans was 219.1 trillion yuan, a year-on-year increase of 10.4%.

At the end of the month, the balance of RMB loans was 213.99 trillion yuan, a year-on-year increase of 11.1%, and the growth rate was 0.1 percentage points higher than the end of the previous month and 0.5 percentage points lower than the same period of the previous year.

  Renminbi loans for the year increased by 21.31 trillion yuan, an increase of 1.36 trillion yuan year-on-year.

In terms of sectors, household loans increased by 3.83 trillion yuan, of which short-term loans increased by 1.08 trillion yuan, medium and long-term loans increased by 2.75 trillion yuan; loans to enterprises (institutions) increased by 17.09 trillion yuan, of which short-term loans increased by 3.03 trillion yuan trillion yuan, medium and long-term loans increased by 11.06 trillion yuan, bill financing increased by 2.96 trillion yuan; non-bank financial institution loans increased by 125.4 billion yuan.

In December, RMB loans increased by 1.4 trillion yuan, an increase of 266.5 billion yuan year-on-year.

  At the end of December, the balance of foreign currency loans was US$734.8 billion, a year-on-year decrease of 19.5%.

For the whole year, foreign currency loans decreased by US$177.9 billion, an increase of US$223.6 billion year-on-year.

In December, foreign currency loans decreased by US$34.2 billion, a year-on-year decrease of US$1.9 billion.

3. Renminbi deposits increased by 26.26 trillion yuan, while foreign currency deposits decreased by US$143 billion.

  At the end of December, the balance of domestic and foreign currency deposits was 264.45 trillion yuan, a year-on-year increase of 10.8%.

At the end of the month, the balance of RMB deposits was 258.5 trillion yuan, an increase of 11.3% year-on-year. The growth rate was 0.3 percentage points lower than the end of the previous month and 2 percentage points higher than the same period of the previous year.

  The annual increase in RMB deposits was 26.26 trillion yuan, an increase of 6.59 trillion yuan year-on-year.

Among them, household deposits increased by 17.84 trillion yuan, non-financial enterprise deposits increased by 5.09 trillion yuan, fiscal deposits decreased by 58.6 billion yuan, and non-bank financial institution deposits increased by 1.38 trillion yuan.

In December, RMB deposits increased by 724.2 billion yuan, a year-on-year decrease of 440.3 billion yuan.

  At the end of December, the balance of foreign currency deposits was US$853.9 billion, a year-on-year decrease of 14.3%.

For the whole year, foreign currency deposits decreased by US$143 billion, an increase of US$250.7 billion year-on-year.

In December, foreign currency deposits decreased by US$8.2 billion, a year-on-year decrease of US$12.9 billion.

4. In December, the monthly weighted average interest rate of inter-bank RMB market interbank lending was 1.26%, and the monthly weighted average interest rate of pledged bond repurchase was 1.41%

  The total turnover of the inter-bank RMB market in the form of lending, cash bonds and repurchases in the whole year was 1798.2 trillion yuan, with an average daily turnover of 7.19 trillion yuan.

Among them, the average daily turnover of interbank lending was 587.3 billion yuan, the average daily turnover of spot bonds was 1.08 trillion yuan, and the average daily turnover of pledged repo was 5.5 trillion yuan.

  The weighted average interest rate of interbank lending in December was 1.26%, 0.29 percentage points and 0.76 percentage points lower than that of the previous month and the same period of last year; 0.68 percentage points.

5. The balance of national foreign exchange reserves is 3.13 trillion US dollars

  At the end of December, the balance of the country's foreign exchange reserves was US$3.13 trillion.

At the end of December, the RMB exchange rate was 6.9646 yuan per US dollar.

6. In 2022, the cross-border RMB settlement amount under the current account will be 10.51 trillion yuan, and the cross-border RMB settlement amount for direct investment will be 6.76 trillion yuan

  In 2022, the amount of cross-border RMB settlement under the current account will be 10.51 trillion yuan, of which trade in goods, service trade and other current accounts will be 7.92 trillion yuan and 2.59 trillion yuan respectively; the amount of cross-border RMB settlement for direct investment will be 6.76 trillion yuan Yuan, of which foreign direct investment and foreign direct investment were 1.92 trillion yuan and 4.84 trillion yuan respectively.

(China New Finance and Economics)