Newly added yuan-denominated loans stood at 640.5 billion yuan ($101.18 billion) in December 2011, compared with 562.2 billion yuan ($88.82 billion) in November 2011, said the People's Bank of China, the central bank.
The December figure brought the amount for the entire year of 2011 to 7.47 trillion yuan ($1.18 trillion), down from 7.95 trillion yuan ($1.21 trillion) in 2010.
By the end of 2011, the outstanding broad money supply (M2), which covers cash in circulation and all deposits, rose 13.6 percent year on year to 85.16 trillion yuan ($13 trillion). |