According to the latest data issued by the People's Bank of China (Chinese central bank), China's RMB-based new lending in September totaled RMB 595.5 billion ($89.5 billion), up from RMB 545.2 billion ($80.8 billion) in August.
By the end of September, China's broad money supply (M2), which covers cash in circulation and all deposits, was RMB 69.64 trillion ($10.47 trillion), increasing by 19.0 percent year on year. Narrow money supply (M1), i.e., cash in circulation plus current corporate deposits, was RMB 24.38 trillion ($3.67 trillion), rising by 20.9 percent year on year.
At the end of September, local and foreign currency deposits in Chinese banks totaled RMB 71.63 trillion ($10.77 trillion), up 19.8 percent year on year.