China’s total social financing, a broad measure of credit including nonbank lending, rose to CNY 2,210 billion, down from CNY 2,490 billion in November and CNY 2,860 billion a year earlier. Total Social Financing in China averaged 14862.55 CNY Hundred Million from 2002 until 2025, reaching an all time high of 70546.00 CNY Hundred Million in January of 2025 and a record low of -974.00 CNY Hundred Million in October of 2005. source: People's Bank of China

Total Social Financing in China decreased to 22100 CNY Hundred Million in December from 24900 CNY Hundred Million in November of 2025.

Total Social Financing in China decreased to 22100 CNY Hundred Million in December from 24900 CNY Hundred Million in November of 2025. Total Social Financing in China is expected to be 49100.00 CNY Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Total Social Financing is projected to trend around 34600.00 CNY Hundred Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-12 09:00 AM
Total Social Financing
Nov CNY2490B CNY810B CNY1650.0B
2026-01-15 07:30 AM
Total Social Financing
Dec CNY2210B CNY2490B CNY2000B CNY2920.0B
2026-02-13 09:00 AM
Total Social Financing
Jan CNY2210B CNY7050B CNY7500.0B


Related Last Previous Unit Reference
Banks Balance Sheet 4736385.67 4718865.01 CNY Hundred Million Dec 2025
Central Bank Balance Sheet 481591.34 472969.70 CNY Hundred Million Dec 2025
Loan Prime Rate 1Y 3.00 3.00 percent Jan 2026
Outstanding Loan Growth YoY 6.40 6.40 percent Dec 2025
Money Supply M0 14126.14 13736.94 CNY Billion Dec 2025
Money Supply M1 115514.65 112886.66 CNY Billion Dec 2025
M2 Money Supply YoY 340294.81 336989.05 CNY Billion Dec 2025


China Total Social Financing
In China, Total Social Financing refers to 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.
Actual Previous Highest Lowest Dates Unit Frequency
22100.00 24900.00 70546.00 -974.00 2002 - 2025 CNY Hundred Million Monthly
Current Prices, NSA