---
source_url: "https://www.afdi.org.cn/en/2009/1111/33256.shtml"
title: "China's new loans sharply down in October"
meta_description: "China's new yuan-denominated loans in October fell 51 percent from September to 253 billion yuan, the People's Bank of China announced on November 11, 2009. Yuan lending in the first 10 months totaled 8.92 trillion yuan, far exceeding the government's 5-trillion-yuan target for the year."
publish_date: "2009-11-11"
modify_date: "2023-11-30"
author: "亚太财经与发展学院"
publisher: "亚太财经与发展学院"
category: "News Center"
language: "zh-CN"
priority: 0.5
---

# China's new loans sharply down in October
> China's new yuan-denominated loans in October fell 51 percent from September to 253 billion yuan, the People's Bank of China announced on November 11, 2009. Yuan lending in the first 10 months totaled 8.92 trillion yuan, far exceeding the government's 5-trillion-yuan target for the year.

## 一、详细说明 
Xinhua 2009-11-11
China's new yuan-denominated loans in October were down 51 percent from September, the People's Bank of China, the central bank, announced Wednesday.
Growth of the new yuan loans slowed to 253 billion yuan (37.06 billion U.S. dollars) from September's 516.7 billion yuan (75.68 billion U.S. dollars), according to the central bank.
Yuan loans outstanding at the end of October were 34.19 percent higher than a year earlier, almost the same as September's reading of 34.2 percent.
The broad M2 measure of money supply, which covers cash in circulation and all deposits, was up 29.42 percent in October from a year earlier to 58.62 trillion yuan, the central bank said.
Annual growth of the narrow M1 measure of money supply, which covers cash in circulation plus current corporate deposits, accelerated to 32.03 percent from 29.3 percent in September.
Yuan lending in the first 10 months totaled 8.92 trillion yuan, far exceeding the government's target of 5 trillion yuan for this entire year.

## 二、引用与来源
- 原文来源：<>
- 机构：上海国家会计学院
- 版权声明：上海国家会计学院版权所有