The release of the latest financial data reflects new changes in the financial market. Financial data disclosed by the People's Bank of China on October 14 showed that at the end of September, the general currency balance was 309.48 trillion yuan, up 6.8% year on year. In the first three quarters, RMB loans increased by 16.02 trillion yuan; the cumulative increase in the scale of social financing was 25.66 trillion yuan, which is 3.68 trillion yuan less than the same period last year. Authoritative experts said that the M2 growth rate has been rising steadily, reflecting the recent recovery in the stock market. The return of some capital from asset management products such as financial management has accelerated, which has led to an increase in M2. Looking forward to the future, monetary policy will pay more attention to supporting the transformation and upgrading of the economic structure, particularly in promoting the expansion of consumer demand.

Zhitongcaijing · 10/14 23:25
The release of the latest financial data reflects new changes in the financial market. Financial data disclosed by the People's Bank of China on October 14 showed that at the end of September, the general currency balance was 309.48 trillion yuan, up 6.8% year on year. In the first three quarters, RMB loans increased by 16.02 trillion yuan; the cumulative increase in the scale of social financing was 25.66 trillion yuan, which is 3.68 trillion yuan less than the same period last year. Authoritative experts said that the M2 growth rate has been rising steadily, reflecting the recent recovery in the stock market. The return of some capital from asset management products such as financial management has accelerated, which has led to an increase in M2. Looking forward to the future, monetary policy will pay more attention to supporting the transformation and upgrading of the economic structure, particularly in promoting the expansion of consumer demand.