Money Supply M1 in China decreased to 108914.77 CNY Billion in May from 109140.73 CNY Billion in April of 2025. This dataset provides - China Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 data was reported at 54,757.554 RMB bn in Mar 2019. This records a decrease from the previous number of 55,168.591 RMB bn for Dec 2018. China Money Supply M1 data is updated quarterly, averaging 9,043.905 RMB bn from Mar 1990 (Median) to Mar 2019, with 117 observations. The data reached an all-time high of 55,168.591 RMB bn in Dec 2018 and a record low of 567.220 RMB bn in Mar 1990. China Money Supply M1 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 8,987.774 USD bn in Sep 2024
• This records an increase from the previous number of 8,894.288 USD bn for Aug 2024
• China Money Supply M1 data is updated monthly, averaging 3,902.677 USD bn from Jan 1997 to Sep 2024, with 333 observations
• The data reached an all-time high of 10,207.357 USD bn in Mar 2022 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

CEIC converts monthly Money Supply M1 into USD. The People's Bank of China provides Money Supply M1 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

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 increased to 325783.81 CNY Billion in May from 325173.93 CNY Billion in April of 2025. This dataset provides - China Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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

CEIC converts monthly Money Supply M1 into USD. Hong Kong Monetary Authority provides Money Supply M1 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

Money Supply M0 in China decreased to 13125.85 CNY Billion in May from 13138.70 CNY Billion in April 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)

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.

In 2023, the extent of China's money supply amounted to 292.27 trillion yuan. The statistic shows the extent of China's money supply between 2013 and 2023, more precisely the M2 money supply. This consists of the demand deposits of non-banks plus the cash in circulation (M1) and of short-term savings deposits. They are shown, in each case, at the year end.

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

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.

The graph shows the quasi-money (M2) supply in China in selected years from 2000 to 2022. M2 refers to a broader classification of money, comprised of cash and checking deposits (M1) as well as savings deposits, money market mutual funds and other time deposits. At the end of 2022, the value of M2 money supply in China amounted to nearly 28.3 trillion U.S. dollars.

CN: 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. CN: 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. CN: 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 9.084 USD bn in Jan 2025
• This records a decrease from the previous number of 9.313 USD bn for Dec 2024
• Macau SAR (China) Money Supply M1 data is updated monthly, averaging 1.526 USD bn from Jun 1984 to Jan 2025, with 488 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

CEIC converts monthly Money Supply M1 into USD. The Monetary Authority of Macao provides Money Supply M1 in local currency. The Monetary Authority of Macao period end market exchange rate is used for currency conversions.

Hong Kong Money Supply: M1: HK$ Demand Deposits: Seasonally Adjusted data was reported at 1,092,657.990 HKD mn in Oct 2018. This records a decrease from the previous number of 1,109,818.202 HKD mn for Sep 2018. Hong Kong Money Supply: M1: HK$ Demand Deposits: Seasonally Adjusted data is updated monthly, averaging 126,053.833 HKD mn from Jan 1985 (Median) to Oct 2018, with 406 observations. The data reached an all-time high of 1,258,560.790 HKD mn in Jan 2018 and a record low of 20,616.780 HKD mn in Jan 1985. Hong Kong Money Supply: M1: HK$ Demand Deposits: Seasonally Adjusted data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.KA001: Money Supply.

Os dados de Fornecimento de dinheiro M1 da China foram registrados em 8,987.774 USD bn em 2024-09. Este é um registro de um aumento com relação aos números anteriores de 8,894.288 USD bn em 2024-08. Os dados de Fornecimento de dinheiro M1 da China são atualizados por mês, com uma média de 3,902.677 USD bn em 1997-01 até 2024-09, com 333 observações. Os dados alcançaram um alto recorde de 10,207.357 USD bn em 2022-03 e um baixo recorde de 344.221 USD bn em 1997-01. Os dados de Fornecimento de dinheiro M1 da China permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Money Supply M1: USD: Monthly: Seasonally Adjusted.