According to the People's Bank of China (Chinese central bank), in 2010 China's new loans in local currency reached RMB 7.95 trillion ($1.2 trillion), with its new loans in foreign currencies totaling $74 billion.
Also in 2010, newly-added deposits in local currency in China reached RMB 12.05 trillion ($1.8 trillion), with newly-added deposits in foreign currencies amounting to $74 billion.
By the end of December 2010 China's broad money (M2) balance stood at RMB 72.58 trillion ($11 trillion), up 19.7 percent year on year, 0.2 percentage points higher than the year-on-year growth rate at the end of November 2010 and 8.0 percentage points lower than the growth rate at the end of 2009. Meanwhile, China's narrow money (M1) balance came to RMB 26.66 trillion ($4 trillion), rising by 21.2 percent compared to the same period of last year, 0.9 and 11.2 percentage points lower than the growth rates registered at the end of November 2010 and the end of 2009 respectively.