By the end of July 2025, China's broad money supply (M2) grew by 8.8%, M1 increased by 5.6%, and M0 rose by 11.8%.

    By the end of July 2025, the broad money supply (M2) in RMB stood at 329.94 trillion yuan, marking an 8.8% year-on-year increase. The narrow money supply (M1) reached 111.06 trillion yuan, up 5.6% year-on-year. The currency in circulation (M0) totaled 13.28 trillion yuan, rising 11.8% year-on-year. A net cash injection of 465.1 billion yuan occurred during the first seven months.