1、 Broad money grew by 10.7%, narrow money by 6.9%
At the end of July, the balance of broad money (M2) was 212.55 trillion yuan, up 10.7% year-on-year, 0.4 percentage points lower than the end of last month and 2.6 percentage points higher than the same period of last year; the balance of narrow sense currency (M1) was 59.12 trillion yuan, with a year-on-year increase of 6.9%, and the growth rate was 0.4 and 3.8 percentage points higher than that of the end of last year and the same period of last year; the balance of money in circulation (M0) was 7.99 trillion yuan, with a year-on-year increase of 9.9%. The net cash put in this month was 40.8 billion yuan.
2、 In July, RMB loans increased by 992.7 billion yuan and foreign currency loans increased by 19.2 billion US dollars
At the end of July, the balance of domestic and foreign currency loans reached 172.36 trillion yuan, up 13% year-on-year. The balance of RMB loans at the end of the month was 166.19 trillion yuan, up 13% year on year. The growth rate was 0.2 percentage points lower than that at the end of last month and 0.4 percentage points higher than that of the same period of last year.
In July, RMB loans increased by 992.7 billion yuan, a decrease of 63.1 billion yuan year-on-year. In terms of sub sectors, loans from the household sector increased by 757.8 billion yuan, of which short-term loans increased by 151 billion yuan, medium and long-term loans increased by 606.7 billion yuan; loans from enterprises (Institutions) increased by 264.5 billion yuan, including short-term loans decreased by 242.1 billion yuan, medium and long-term loans increased by 596.8 billion yuan, and bill financing decreased by 102.1 billion yuan; loans from non banking financial institutions decreased by 27 billion yuan.
At the end of July, the balance of foreign currency loans reached US $883.5 billion, up 9.6% year on year. Foreign currency loans increased by US $19.2 billion in the month, an increase of US $31.5 billion over the same period last year.
3、 In July, RMB deposits increased by 80.3 billion yuan and foreign currency deposits increased by 15.3 billion US dollars
At the end of July, the balance of domestic and foreign currency deposits reached 213.1 trillion yuan, an increase of 10.2% year-on-year. At the end of the month, the balance of RMB deposits reached 207.56 trillion yuan, up 10.3% year-on-year. The growth rate was 0.3 percentage points lower than the end of last month and 2.2 percentage points higher than that of the same period of last year.
In July, RMB deposits increased by 80.3 billion yuan, with a year-on-year decrease of 561.7 billion yuan. Among them, household deposits decreased by 719.5 billion yuan, deposits of non-financial enterprises decreased by 1.55 trillion yuan, fiscal deposits increased by 487.2 billion yuan, and deposits of non banking financial institutions increased by 1.8 trillion yuan.
At the end of July, the balance of foreign currency deposits reached US $793.7 billion, up 6.5% year on year. Foreign currency deposits increased by 15.3 billion US dollars in the month, an increase of 30.1 billion US dollars over the same period of last year.
4、 In July, the monthly weighted average interest rate for interbank lending in the RMB market was 1.9%, and the monthly weighted average interest rate for repurchase of pledged bonds was 1.91%
In July, the inter-bank RMB market traded 126.61 trillion yuan in the form of inter-bank lending, cash bonds and repurchase, with an average daily turnover of 5.5 trillion yuan, with a year-on-year increase of 15.5%. Among them, the average daily transaction of interbank lending decreased by 4%, the average daily transaction of cash bonds increased by 38.5%, and the average daily transaction of pledged repo increased by 13.4%.
In July, the weighted average interest rate of interbank lending was 1.9%, 0.05 percentage points higher than that of the previous month and 0.18 percentage points lower than that of the same period of last year; the weighted average interest rate of pledged repo was 1.91%, 0.02 percentage points higher than that of last month and 0.24 percentage points lower than that of the same period of last year.
5、 In July, RMB settlement business of cross-border trade amounted to 595.4 billion yuan, and RMB settlement business of direct investment amounted to 293.6 billion yuan
In July, the cross-border trade in goods, services and other current items, foreign direct investment and foreign direct investment settled in RMB accounted for 387.7 billion yuan, 207.7 billion yuan, 72.2 billion yuan and 221.4 billion yuan respectively.
Note 1: the current data is preliminary.
Note 2: since 2015, RMB, foreign currency and domestic and foreign currency deposits include deposits from non banking financial institutions, while loans in RMB, foreign currency and domestic and foreign currency include loans to non banking financial institutions.
Note 3: loans from enterprises (Institutions) in the report refer to loans from non-financial enterprises and organizations.
