The Smooth Operation Of The Financial System In The First Three Quarters Of 2010

In the first three quarters of 2010, People's Bank of China In accordance with the unified arrangements of the CPC Central Committee and the State Council, we should continue to implement moderate easing. monetary policy While maintaining the continuity and stability of policies, efforts should be made to improve the pertinence and flexibility of regulation and control, and guide financial institutions to reasonably grasp the rhythm of credit delivery. Generally speaking, the liquidity of the banking system is basically moderate. financial system Smooth operation.

1. Broad money growth 19%

At the end of 9, the balance of broad money (M2) was 69 trillion and 640 billion yuan, an increase of 19% over the same period last year, an increase of 0.2 and 8.7 percentage points lower than that of last month and the end of last year. The balance of narrow money (M1) was 24 trillion and 380 billion yuan, an increase of 20.9% over the previous year, an increase of 1 and 11.5 percentage points respectively from the end of last month and the end of last year. The currency in circulation (M0) was 4 trillion and 190 billion yuan, an increase of 13.8% over the same period last year. Net cash in the first three quarters was 361 billion yuan, more than 104 billion 100 million yuan a year.

Two, RMB loans increased by 6 trillion and 300 billion yuan in the first three quarters, and increased by 595 billion 500 million yuan in September.

At the end of 9, the balance of foreign currency loans was 49 trillion and 110 billion yuan, an increase of 18.7% over the same period last year. In the first three quarters, the foreign currency loans increased by 6 trillion and 540 billion yuan, up less than 2 trillion and 800 billion yuan from the same period last year. The balance of RMB loans was 46 trillion and 280 billion yuan, an increase of 18.5% over the same period last year, 0.1 and 13.2 percentage points lower than last month and the end of last year respectively. RMB loans increased by 6 trillion and 300 billion yuan in the first three quarters, up less than 2 trillion and 360 billion yuan from the same period last year. According to the sub sector, household loans increased by 2 trillion and 360 billion yuan, of which short-term loans increased by 766 billion 700 million yuan, medium and long-term loans increased by 1 trillion and 600 billion yuan, loans from non-financial enterprises and other sectors increased by 3 trillion and 940 billion yuan, of which short-term loans increased by 1 trillion and 10 billion yuan, medium and long-term loans increased by 3 trillion and 630 billion yuan, and paper financing decreased by 809 billion 800 million yuan. In September, RMB loans increased by 595 billion 500 million yuan, an increase of 78 billion 800 million yuan over the same period last year. The balance of foreign currency loans was US $422 billion 700 million, an increase of 23.1% over the same period last year, and foreign currency loans increased by US $43 billion 200 million in the first three quarters.

Three, RMB deposits increased by 10 trillion and 320 billion yuan in the first three quarters, and increased by 1 trillion and 450 billion yuan in September.

At the end of 9, the balance of foreign currency deposits was 71 trillion and 630 billion yuan, an increase of 19.8% over the same period last year. The foreign currency deposits in the first three quarters increased by 10 trillion and 430 billion yuan, representing a slight increase of 1 trillion and 390 billion yuan compared with the same period last year. RMB deposits balance of 70 trillion and 90 billion yuan, an increase of 20% over the previous year, 0.4 percentage points higher than last month, 8.2 percentage points lower than the end of last year. RMB deposits increased by 10 trillion and 320 billion yuan in the first three quarters, up less than 1 trillion and 430 billion yuan from the same period last year. Among them, household deposits increased by 3 trillion and 950 billion yuan, deposits of non-financial enterprises increased by 3 trillion and 620 billion yuan, and fiscal deposits increased by 1 trillion and 150 billion yuan. RMB deposits increased by 1 trillion and 450 billion yuan in September, an increase of 442 billion 400 million yuan over the same period last year. Foreign currency deposits balance of $229 billion 800 million, an increase of 13.1% over the previous three quarters, foreign currency deposits increased by $21 billion 200 million.

Four, interbank market transactions are active, and market interest rates generally rise.

In the first three quarters, RMB transactions in the interbank market totaled 129 trillion and 980 billion yuan, with an average daily turnover of 691 billion 400 million yuan, with an average turnover of 26.1% over the same period.

The weighted average interest rate for interbank lending in September was 1.90%, 0.28 and 0.65 percentage points higher than last month and December last year, 0.41 percentage points lower than June, and the weighted average interest rate of the repurchase of pledged bonds was 1.98%, 0.32 and 0.72 percentage points higher than that of last month and December, respectively, and 0.40 percentage points lower than June.

Five, the country's foreign exchange reserves grew by 16.5%

At the end of 9, the balance of the country's foreign exchange reserves was 26483 billion US dollars, up 16.5% over the same period last year. At the end of 9, the RMB exchange rate was 1 yuan to 6.7011 yuan.