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Outstanding Aggregate Financing to the Real Economy Rises 7.1% Year on Year at the End of September

ENGLISH Translation中文 原文
01

CCTV.com reports (Xinwen Lianbo): Financial data released today (October 14) by the People's Bank of China show that at the end of September, broad money (M2) stood at 359.63 trillion yuan, up 7.2% year on year, while outstanding aggregate financing to the real economy reached 468.17 trillion yuan, up 7.1% year on year. Both growth rates were aligned with the expected targets for economic growth and the overall price level, indicating reasonable growth in financial aggregates and helping the economy continue to develop in a more innovative, higher-quality and improving direction.

央视网消息(新闻联播):今天(10月14日),中国人民银行公布的金融数据显示,9月末,广义货币(M2)余额359.63万亿元,同比增长7.2%;社会融资规模存量468.17万亿元,同比增长7.1%。二者增速同经济增长、价格总水平预期目标相匹配,显示金融总量增长合理,助力经济持续向新向优向好发展。

02

Of the increase in aggregate financing to the real economy in the first three quarters, bond and equity financing together accounted for 49.5%, nearly 7 percentage points more than the share of loans. Bond and equity financing accelerated, and financing channels became more diversified.

前三季度社会融资规模增量中,债券、股票融资合计占比49.5%,超过贷款占比近7个百分点,债券股票融资加快,融资渠道更加多元化。

03

In the first three quarters, yuan-denominated loans increased by 11.52 trillion yuan, with more funds flowing into key areas such as technological innovation, green development, and small, medium-sized and micro enterprises.

前三季度,人民币贷款增加11.52万亿元,资金更多流向科技创新、绿色发展和中小微企业等重点领域。

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Reported events 3

ReportedFinancial data release14 October 2026+

The People's Bank of China announced that broad money supply, M2, stood at 359.63 trillion yuan at the end of September, up 7.2% year on year, while outstanding aggregate financing to the real economy reached 468.17 trillion yuan, up 7.1%.

Translated paragraph context
CCTV.com reports (Xinwen Lianbo): Financial data released today (October 14) by the People's Bank of China show that at the end of September, broad money (M2) stood at 359.63 trillion yuan, up 7.2% year on year, while outstanding aggregate financing to the real economy reached 468.17 trillion yuan, up 7.1% year on year. Both growth rates were aligned with the expected targets for economic growth and the overall price level, indicating reasonable growth in financial aggregates and helping the economy continue to develop in a more innovative, higher-quality and improving direction.
Original Chinese quote
广义货币(M2)余额359.63万亿元,同比增长7.2%;社会融资规模存量468.17万亿元,同比增长7.1%
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ReportedFinancing activityJanuary 2026 — September 2026+

Bond and equity financing accounted for 49.5% of new aggregate financing to the real economy in the first three quarters, nearly 7 percentage points above the share of loans, as financing channels became more diversified.

Translated paragraph context
Of the increase in aggregate financing to the real economy in the first three quarters, bond and equity financing together accounted for 49.5%, nearly 7 percentage points more than the share of loans. Bond and equity financing accelerated, and financing channels became more diversified.
Original Chinese quote
债券、股票融资合计占比49.5%,超过贷款占比近7个百分点,债券股票融资加快,融资渠道更加多元化
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ReportedLending activityJanuary 2026 — September 2026+

Renminbi loans increased by 11.52 trillion yuan in the first three quarters, with more funds flowing to technological innovation, green development, and small, medium-sized and micro enterprises.

Translated paragraph context
In the first three quarters, yuan-denominated loans increased by 11.52 trillion yuan, with more funds flowing into key areas such as technological innovation, green development, and small, medium-sized and micro enterprises.
Original Chinese quote
前三季度,人民币贷款增加11.52万亿元,资金更多流向科技创新、绿色发展和中小微企业等重点领域。
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