Money Supply M1 in China decreased to 111996.27 CNY Billion in October from 113145.51 CNY Billion in September of 2025. This dataset provides - China Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View monthly updates and historical trends for China M1 Money Supply. Source: The People's Bank of China. Track economic data with YCharts analytics.

This statistic shows the growth rate of China's money supply from 2013 to 2023, i.e. the growth rate of the M2 money supply. M2 is made up of the nonbanks' demand deposits as well as all the cash in circulation (M1) and short-term deposits. In 2023, China's money supply increased by *** percent compared to the previous year.

China Money Supply M1: sa data was reported at 53,570.000 RMB bn in Dec 2018. This records a decrease from the previous number of 54,271.400 RMB bn for Sep 2018. China Money Supply M1: sa data is updated quarterly, averaging 10,573.380 RMB bn from Mar 1993 (Median) to Dec 2018, with 104 observations. The data reached an all-time high of 54,271.400 RMB bn in Sep 2018 and a record low of 1,411.310 RMB bn in Mar 1993. China Money Supply M1: sa data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under Global Database’s China – Table CN.KA: Money Supply: Quarterly.

Key information about China Money Supply M1

• China Money Supply M1 was reported at 15,321.992 USD bn in Mar 2025
• This records an increase from the previous number of 15,087.686 USD bn for Feb 2025
• China Money Supply M1 data is updated monthly, averaging 4,008.140 USD bn from Jan 1997 to Mar 2025, with 339 observations
• The data reached an all-time high of 15,321.992 USD bn in Mar 2025 and a record low of 344.221 USD bn in Jan 1997. China Money Supply M1 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M1: USD: Monthly: Seasonally Adjusted

By the end of 2024, the M1 money supply in China amounted to over ** trillion yuan. M1 money supply includes cash and demand deposits.

Money Supply M2 in China decreased to 335105.40 CNY Billion in October from 335377.10 CNY Billion in September of 2025. This dataset provides - China Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Hong Kong SAR (China) Money Supply M1

• Hong Kong SAR (China) Money Supply M1 was reported at 198.127 USD bn in Jan 2025
• This records a decrease from the previous number of 204.915 USD bn for Dec 2024
• Hong Kong SAR (China) Money Supply M1 data is updated monthly, averaging 46.573 USD bn from Jan 1985 to Jan 2025, with 481 observations
• The data reached an all-time high of 276.968 USD bn in Mar 2022 and a record low of 4.512 USD bn in Jan 1985. Hong Kong SAR (China) Money Supply M1 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M1: USD: Monthly: Seasonally Adjusted

Money Supply M0 in China decreased to 13547.81 CNY Billion in October from 13581.34 CNY Billion in September of 2025. This dataset provides - China Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in China increased to 291201.42 CNY Billion in November from 288227.61 CNY Billion in October of 2023. This dataset includes a chart with historical data for China Money Supply M3.

China - Narrow money supply (M1)

China - Narrow money supply (M1), banknotes and coins (or currency) in circulation outside banks

Macau SAR (China) Money Supply: M1: Others: RMB data was reported at 48.935 MOP mn in Mar 2025. This records a decrease from the previous number of 50.044 MOP mn for Feb 2025. Macau SAR (China) Money Supply: M1: Others: RMB data is updated monthly, averaging 25.056 MOP mn from Oct 2013 (Median) to Mar 2025, with 138 observations. The data reached an all-time high of 214.997 MOP mn in Jan 2016 and a record low of 9.423 MOP mn in Oct 2013. Macau SAR (China) Money Supply: M1: Others: RMB data remains active status in CEIC and is reported by Monetary Authority of Macao. The data is categorized under Global Database’s Macau SAR (China) – Table MO.KA: Money Supply.

China - Narrow money supply (M1), overnight deposits by other than banks

China Money Supply M1: Demand Deposit data was reported at 47,263.397 RMB bn in Mar 2019. This records a decrease from the previous number of 47,847.750 RMB bn for Dec 2018. China Money Supply M1: Demand Deposit data is updated quarterly, averaging 6,991.488 RMB bn from Mar 1990 (Median) to Mar 2019, with 117 observations. The data reached an all-time high of 47,847.750 RMB bn in Dec 2018 and a record low of 351.750 RMB bn in Mar 1990. China Money Supply M1: Demand Deposit data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under Global Database’s China – Table CN.KA: Money Supply: Quarterly.

At the end of 2024, the M2 broad money supply in China amounted to over *** trillion yuan. Broad money supply had been growing consistently over the years. However, the overall growth rate of all money supply had been decreasing. Money is not money? In economic theory, the money supply describes the volume of currency that exists in a country. Even though it might sound counterintuitive, there are different types of money. For example, cash, saving deposits, or other liquid assets are then divided into tiers from M1 to M3. Thereby, M2 money or broad money comprised of cash and assets that can easily be converted into cash. The main application of M2 money is making payments and economic transactions. For mainstream economists, the volume of M1 and M2 money can indicate inflation. The mysterious case of money expansion in China The post-pandemic economic recovery has not materialized as the growth in the M2 money supply would have indicated in China. As a consequence of global anti-COVID-19 measures, China’s economic growth fell far below the country’s development targets. After another underperforming year in 2022, the M2 money supply grew by almost ** percent in the first quarter of 2023, but the GDP increased only by *** percent, which indicated that the money does not reach the real economy. Therefore, the Chinese economy could be in a liquidity trap or a balance sheet recession.

China Money Supply M1: sa: Demand Deposit data was reported at 46,239.600 RMB bn in Dec 2018. This records a decrease from the previous number of 46,983.100 RMB bn for Sep 2018. China Money Supply M1: sa: Demand Deposit data is updated quarterly, averaging 8,237.370 RMB bn from Mar 1993 (Median) to Dec 2018, with 104 observations. The data reached an all-time high of 46,983.100 RMB bn in Sep 2018 and a record low of 934.150 RMB bn in Sep 1993. China Money Supply M1: sa: Demand Deposit data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under Global Database’s China – Table CN.KA: Money Supply: Quarterly.

China Money Supply M1: Provisions Received by Non-bank Payment Institution data was reported at 2,388.865 RMB bn in Mar 2025. This records a decrease from the previous number of 2,509.236 RMB bn for Feb 2025. China Money Supply M1: Provisions Received by Non-bank Payment Institution data is updated monthly, averaging 2,509.236 RMB bn from Jan 2025 (Median) to Mar 2025, with 3 observations. The data reached an all-time high of 3,090.963 RMB bn in Jan 2025 and a record low of 2,388.865 RMB bn in Mar 2025. China Money Supply M1: Provisions Received by Non-bank Payment Institution data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money and Banking – Table CN.KA: Money Supply.

Key information about Macau SAR (China) Money Supply M1

• Macau SAR (China) Money Supply M1 was reported at 8.957 USD bn in Sep 2025
• This records a decrease from the previous number of 9.210 USD bn for Aug 2025
• Macau SAR (China) Money Supply M1 data is updated monthly, averaging 1.865 USD bn from Jun 1984 to Sep 2025, with 496 observations
• The data reached an all-time high of 11.311 USD bn in Jan 2020 and a record low of 102.337 USD mn in Jul 1984. Macau SAR (China) Money Supply M1 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M1: USD: Monthly

Hong Kong HK: Money Supply: M1 data was reported at 2,431,461.131 HKD mn in 2017. This records an increase from the previous number of 2,213,969.989 HKD mn for 2016. Hong Kong HK: Money Supply: M1 data is updated yearly, averaging 901,819.021 HKD mn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 2,431,461.131 HKD mn in 2017 and a record low of 258,055.954 HKD mn in 2001. Hong Kong HK: Money Supply: M1 data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Money Supply: Annual.