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China's M2 Supply up 9% Y-o-Y

Feb 13, 2026, 4:32 a.m. ET

The balance of broad money (M2) stood at 347.19 trillion yuan at the end of January, reflecting a year-on-year growth rate of 9%.

The balance of narrow money (M1) reached 117.97 trillion yuan, with a year-on-year increase of 4.9%. The balance of currency in circulation (M0) was 14.61 trillion yuan, marking a year-on-year rise of 2.7%. In January, a net cash injection of 519.1 billion yuan was made.

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