China's total social financing rose to a record CNY 4.64 trillion in January 2019 from CNY 1.59 trillion in the previous month and above market consensus of CNY 3.25 trillion. In addition, growth of outstanding TSF accelerated to 10.4 percent from an all-time low of 9.8 percent in December. Total social financing is a broad measure of credit and liquidity in the economy as it includes off-balance sheet forms of financing such as initial public offerings, loans from trust companies and bond sales. Loans to Private Sector in China averaged 9525.82 CNY HML from 2002 until 2019, reaching an all time high of 46400 CNY HML in January of 2019 and a record low of -974 CNY HML in October of 2005.

Loans to Private Sector in China is expected to be 18000.00 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loans to Private Sector in China to stand at 1200.00 in 12 months time. In the long-term, the China Total Social Financing is projected to trend around 1800.00 CNY HML in 2020, according to our econometric models.

China Total Social Financing
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-13 08:45 AM Total Social Financing CNY 728.8B CNY 2210B CNY 2300B
2018-12-11 09:00 AM Total Social Financing CNY 1520B CNY 728.8B CNY 1334B CNY 1370B
2019-01-15 08:00 AM Total Social Financing CNY 1590B CNY 1520B CNY 1200B
2019-02-15 07:00 AM Total Social Financing CNY 4640B CNY 1590B CNY 3250B CNY 2900B
2019-03-14 09:00 AM Total Social Financing CNY 4640B CNY 2000B
2019-04-15 09:00 AM Total Social Financing CNY 1800B
2019-05-14 09:00 AM Total Social Financing CNY 1300B


China Money Last Previous Highest Lowest Unit
Interest Rate 4.35 4.35 10.98 4.35 percent [+]
Cash Reserve Ratio 13.50 13.50 21.50 6.00 percent [+]
Money Supply M0 8750.00 7320.00 8750.00 17.85 CNY Billion [+]
Money Supply M1 54560.00 55170.00 55170.00 74.51 CNY Billion [+]
Interbank Rate 2.92 3.02 9.89 0.00 percent [+]
Money Supply M2 186590.00 182670.00 186590.00 5840.10 CNY Billion [+]
Central Bank Balance Sheet 372492.06 359069.94 372492.06 34443.90 CNY HML [+]
Banks Balance Sheet 3230.00 1080.00 3230.00 -32.10 CNY Billion [+]
Foreign Exchange Reserves 3087924.00 3072712.00 3993212.72 2262.00 USD Million [+]
Loans to Private Sector 46400.00 15900.00 46400.00 -974.00 CNY HML [+]
Deposit Interest Rate 0.35 0.35 3.15 0.35 percent [+]
Loan Growth 13.40 13.50 34.44 10.60 percent [+]
Reverse Repo Rate 2.55 2.55 4.40 2.25 percent [+]
Loans To Banks 1357891.35 1347109.22 1357891.35 413413.10 CNY HML [+]
Fixed Asset Investment 5.90 5.90 53.00 5.30 percent [+]


China Total Social Financing

In China, loans to private sector refer to total social financing, that is, the volume of financing provided by the financial system to the real economy (domestic non-financial enterprises and households) during a certain period of time. Total social financing is a broad measure of credit and liquidity in the economy as it includes off-balance sheet forms of financing such as initial public offerings, loans from trust companies and bond sales. This page provides - China Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Social Financing - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
46400.00 15900.00 46400.00 -974.00 2002 - 2019 CNY HML Monthly
Current Prices, NSA




Country Last Previous
Australia 953.42 Dec/18
Brazil 653917.00 Dec/18
Canada 433205.00 Dec/18
China 46400.00 Jan/19
Euro Area 11126123.00 Dec/18
France 2468806.00 Dec/18
Germany 1476.91 Sep/18
Indonesia 4641544.00 Dec/18
Italy 678627.00 Dec/18
Japan 465921.60 Jan/19
Mexico 2618421932.00 Dec/18
Netherlands 305217.00 Dec/18
Russia 27491225.00 Dec/18
Saudi Arabia 1434887.55 Dec/18
Singapore 671735.30 Dec/18
South Africa 3645618.00 Dec/18
South Korea 8317393.00 Jan/19
Spain 443650.00 Dec/18
Switzerland 1450527.00 Nov/18
Turkey 1214941342.00 Dec/18
United Kingdom 2439096.00 Sep/18
United States 2342.56 Jan/19


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