China M2 and total social financing
7.2% for 2026-09. Change on the prior print: -0.3 pp.
Collected 2026-10-28T16:14:03+08:00. History on this chart starts 2008-01.
What it measures
M2 is China's broad money. The chart shows the year-on-year growth rate. The download also carries the outstanding stock, in trillion yuan.
Total social financing stock is the PBOC's wider measure of credit to the economy, including bonds, loans and other financing that M2 does not capture. Its year-on-year rate is the second line.
Together they are the monthly read on whether credit is expanding. A falling M2 rate with a falling social-financing rate is tighter conditions; one rising while the other does not is a change in the mix, not a simple easing.
M2 history on this page comes from the public EastMoney mirror of the PBOC money-supply table. Social financing is parsed from the PBOC's own statistical releases. The PBOC does not publish an advance calendar, so the next release is unknown.
Source
Official publisher: People's Bank of China. Verify the same print at https://data.eastmoney.com/cjsj/hbgyl.html.
EastMoney RPT_ECONOMY_CURRENCY_SUPPLY. BASIC_CURRENCY is M2 in 亿元; divided by 10,000 to match the collector's 万亿元 (CNY trn) series. BASIC_CURRENCY_SAME is M2 year-on-year, checked against the September 2026 PBOC print (7.2%, 359.63 trillion).
Next release
Unknown