Beijing, August 11 (Xinhua) - The new loans denominated in Yuan from China totaled 1,08 trillion yuan (approximately 166.59 million US dollars) last month, up to 90.5 One billion yuan from the same period last year, the data from the Central Bank showed on Wednesday.

The M2, a broad measurement of the money supply that covers cash in circulation and all deposits, increased 8.3 percent year to year for 230.22 Trillion Yuan at the end of July, according to the Popular Bank of China (PBOC).

The growth rate was 0.3 percentage points lower than the figure seen at the end of June, and was 2.4 percentage points lower than in it Period of last year.

The M1, which covers the cash in the circulation More deposits of the demand, was found at 62.04 trillion Yuan at the end of July. It was 4.9 percent year after year.

The M0, the amount of cash in circulation, rose 6.1 percent for a year to 8.47 trillion yuan at the end of last month.

The central bank injected 37.1 billion yuan net cash on the market in July.

Freshly added social financing, a measure of the funds Individuals and non-financial companies receive from the financial system, entered 1,06 trillion yuan in July. It was shot down 636.2 billion yuan from the same period last year.

In breakdown, the loans denominated in Yuan to the real economy increased by 839.1 billion yuan in July.

At the end of July, total social financing reached 302.49 billion yuan, an increase of 10.7 percent year after year.

Wednesday's data also showed that at the end of July, outstanding yuan deposits increased 8.6 percent year over to 225.49 trillion yuan.

The Central Bank has cut the Requirements Request for 50 basis points for the eligible financial institutions of July 15.

The reduction is a regular measure after the country's monetary policy was normalized, the PBOC said, noting that the Central Bank will be maintained at a normal monetary policy While keeping it stable and effective. Enditem follow by on Twitter and Facebook to join the" target="_BLANK">conversation. Download applications from ChinaNews

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