China-Financial Data/May
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of People's Bank of China (PBOC) headquarters
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
2. Various of bank clerks counting Chinese yuan banknotes; yuan banknotes going through cash counting machine
3. Bundles of yuan banknotes
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
4. Sign reading "Beijing Loan Service Center"
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
5. Bank clerks serving clients
6. Sign reading "Personal Business Loans"
Hangzhou City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
7. SOUNDBITE (Chinese) Dong Ximiao, chief researcher, Merchants Union Consumer Finance Co., Ltd (ending with shots 8-10):
"This year, the issuance of government bonds has accelerated, with net financing exceeding 3.8 trillion yuan in the first quarter. There are also signs of increased issuance of new special bonds by local governments, with monthly issuance hitting a record high for the year. Together, these factors contributed to the rapid growth of social financing in May."
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of booklets, signboard promoting treasury bond products
FILE: Shanghai, China - May 16, 2024 (CCTV - No access Chinese mainland)
9. China Central Depository and Clearing Co., Ltd (CCDC) building
10. Various of CCDC interior; people working in office
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
11. Various of bank clerks serving clients
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
12. Aerial shots of cityscape
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
13. Aerial shots of cityscape, Oriental Pearl Tower
China's financial data issued by the People's Bank of China (PBOC) Friday for May shows steady growth in total financial volume and sustained high growth rate in social financing, providing strong support for the real economy.
At the end of May, outstanding yuan loans amounted to 266.32 trillion yuan (about 37.13 trillion U.S. dollars), up 7.1 percent year on year, according to the central bank. In the first five months, household loans increased by 572.4 billion yuan, while loans to enterprises increased by 9.8 trillion yuan.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 7.9 percent year on year to 325.78 trillion yuan at the end of May.
The M1, which covers cash in circulation, demand deposits and clients' reserves of non-banking payment institutions, stood at 108.91 trillion yuan at the end of May, up 2.3 percent year on year.
The M0, which indicates the amount of cash in circulation, reached 13.13 trillion yuan at the end of May, an increase of 12.1 percent year on year.
The total social financing stock in China reached 426.16 trillion yuan at the end of May, marking an 8.7 percent increase year on year.
A total of 10.68 trillion yuan in new yuan-denominated loans was issued in the first five months of 2025, central bank data showed.
In the first five months, the newly added social financing amounted to 18.63 trillion yuan (about 2.60 trillion U.S. dollars), representing a 3.83 trillion yuan increase year on year.
Experts said the increased issuance of government bonds is driving the quick growth of social financing.
"This year, the issuance of government bonds has accelerated, with net financing exceeding 3.8 trillion yuan in the first quarter. There are also signs of increased issuance of new special bonds by local governments, with monthly issuance hitting a record high for the year. Together, these factors contributed to the rapid growth of social financing in May," said Dong Ximiao, chief researcher of Merchants Union Consumer Finance Co., Ltd.
China-Financial Data/May
Dateline : Recent/File
Location : China
Duration : 1'12
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of People's Bank of China (PBOC) headquarters
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
2. Various of bank clerks counting Chinese yuan banknotes; yuan banknotes going through cash counting machine
3. Bundles of yuan banknotes
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
4. Sign reading "Beijing Loan Service Center"
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
5. Bank clerks serving clients
6. Sign reading "Personal Business Loans"
Hangzhou City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
7. SOUNDBITE (Chinese) Dong Ximiao, chief researcher, Merchants Union Consumer Finance Co., Ltd (ending with shots 8-10):
"This year, the issuance of government bonds has accelerated, with net financing exceeding 3.8 trillion yuan in the first quarter. There are also signs of increased issuance of new special bonds by local governments, with monthly issuance hitting a record high for the year. Together, these factors contributed to the rapid growth of social financing in May."
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of booklets, signboard promoting treasury bond products
FILE: Shanghai, China - May 16, 2024 (CCTV - No access Chinese mainland)
9. China Central Depository and Clearing Co., Ltd (CCDC) building
10. Various of CCDC interior; people working in office
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
11. Various of bank clerks serving clients
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
12. Aerial shots of cityscape
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
13. Aerial shots of cityscape, Oriental Pearl Tower
China's financial data issued by the People's Bank of China (PBOC) Friday for May shows steady growth in total financial volume and sustained high growth rate in social financing, providing strong support for the real economy.
At the end of May, outstanding yuan loans amounted to 266.32 trillion yuan (about 37.13 trillion U.S. dollars), up 7.1 percent year on year, according to the central bank. In the first five months, household loans increased by 572.4 billion yuan, while loans to enterprises increased by 9.8 trillion yuan.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 7.9 percent year on year to 325.78 trillion yuan at the end of May.
The M1, which covers cash in circulation, demand deposits and clients' reserves of non-banking payment institutions, stood at 108.91 trillion yuan at the end of May, up 2.3 percent year on year.
The M0, which indicates the amount of cash in circulation, reached 13.13 trillion yuan at the end of May, an increase of 12.1 percent year on year.
The total social financing stock in China reached 426.16 trillion yuan at the end of May, marking an 8.7 percent increase year on year.
A total of 10.68 trillion yuan in new yuan-denominated loans was issued in the first five months of 2025, central bank data showed.
In the first five months, the newly added social financing amounted to 18.63 trillion yuan (about 2.60 trillion U.S. dollars), representing a 3.83 trillion yuan increase year on year.
Experts said the increased issuance of government bonds is driving the quick growth of social financing.
"This year, the issuance of government bonds has accelerated, with net financing exceeding 3.8 trillion yuan in the first quarter. There are also signs of increased issuance of new special bonds by local governments, with monthly issuance hitting a record high for the year. Together, these factors contributed to the rapid growth of social financing in May," said Dong Ximiao, chief researcher of Merchants Union Consumer Finance Co., Ltd.
ID : 8432328
Published : 2025-06-14 09:35
Last Modified : 2025-06-14 18:20:53
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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