The People’s Bank of China reported that total yuan-denominated loans grew 4.7 percent year on year in the January-October 2026 period, reaching 283.33 trillion yuan.
Loan Growth breakdown
The outstanding loan volume rose by 11.43 trillion yuan compared with the same period a year earlier, equal to about 1.72 trillion dollars. New household loans fell by 1.46 trillion yuan over the period, a reduction of roughly 220 billion dollars, while new corporate loans increased by 12.39 trillion yuan, around 1.86 trillion dollars.
By comparison, the yuan traded at 6.6744 per US dollar as of 17:56 GMT on 14 November 2026, according to MacroHerald’s own market data.
Deposits and money supply
Yuan deposits increased by 21.97 trillion yuan in January-October, equivalent to about 3.29 trillion dollars. Of that total, household deposits accounted for 8.47 trillion yuan, or roughly 1.27 trillion dollars.
Money supply data for the same ten-month period showed M0 up 10.7 percent year on year, M1 up 4.4 percent and M2 up 7.1 percent.
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Source: People's Bank of China | Data: Swissquote
