Beijing: China's yuan-denominated loans saw an increase of 13.46 trillion yuan (approximately 1.9 trillion U.S. dollars) in the first eight months of the year, as revealed by central bank data released on Friday. Of this total, household loans experienced a growth of 711 billion yuan, while loans to enterprises and public institutions surged by 12.22 trillion yuan, as reported by the People's Bank of China.

According to Namibia Press Agency, the outstanding yuan loans reached 269.1 trillion yuan by the end of August, marking a 6.8 percent increase compared to the previous year. The M2, a broad measure of money supply that encompasses cash in circulation and all deposits, rose 8.8 percent year on year, totaling 331.98 trillion yuan at the end of August.

The M1, which includes cash in circulation, demand deposits, and client reserves of non-bank payment institutions, was recorded at 111.23 trillion yuan by the end of last month, showing a 6 percent increase year on year. Meanwhile, the M0, which reflects the cash in circulation, rose by 11.7 percent year on year to 13.34 trillion yuan at the end of August.

Yuan deposits experienced an increase of 20.5 trillion yuan in the first eight months, with household deposits accounting for 9.77 trillion yuan of this figure. Preliminary statistics indicate that the aggregate financing to the real economy amounted to 26.56 trillion yuan during the first eight months, which is 4.66 trillion yuan more than the same period last year. The outstanding aggregate financing to the real economy stood at 433.66 trillion yuan at the end of August, signifying an 8.8 percent year-on-year growth.