Beijing: China's yuan-denominated loans experienced a significant increase, rising by 8.59 trillion yuan (approximately US$1.26 trillion) during the first four months of 2026, as revealed by central bank data on Thursday.

According to Emirates News Agency, by the end of April, the outstanding yuan loans totaled 280.5 trillion yuan, marking a 5.6 percent increase compared to the same period last year, as reported by the People's Bank of China. Additionally, the M2 money supply, which includes cash in circulation and all deposits, saw a year-on-year increase of 8.6 percent, reaching 353.04 trillion yuan by the end of last month.

Furthermore, the M1 measure, encompassing cash in circulation, demand deposits, and client reserves of non-bank payment institutions, stood at 114.58 trillion yuan at the end of April. This represents a 5 percent increase from the previous year.