New yuan loans extended by Chinese banks fell to CNY 2.990 trillion in March of 2026 from CNY 3.363 trillion in the corresponding period of the previous year, firmly below the median market forecast of CNY 3.4 trillion to mark the lowest extension in the period since 2021. Likewise, aggregate financing, a broad measure of credit flows, fell to CNY 5.23 trillion in March from CNY 5.896 trillion, missing forecasts of CNY 5.4 trillion. Consumers' demand for credit remained muted as the ongoing property crisis, as weak purchasing power in the economy and an oversupply of housing dents demand for new homes, especially outside big cities. At the same time, government bond issuance slipped to around CNY 1 trillion from CNY 1.5 trillion. source: People's Bank of China

Total Social Financing in China increased to 52300 CNY Hundred Million in March from 23800 CNY Hundred Million in February of 2026. Total Social Financing in China averaged 15218.95 CNY Hundred Million from 2002 until 2026, reaching an all time high of 72200.00 CNY Hundred Million in January of 2026 and a record low of -974.00 CNY Hundred Million in October of 2005. This page includes a chart with historical data for China Total Social Financing. China Total Social Financing - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Total Social Financing in China increased to 52300 CNY Hundred Million in March from 23800 CNY Hundred Million in February of 2026. Total Social Financing in China is expected to be 38900.00 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 and 34200.00 CNY Hundred Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-13 09:15 AM
Total Social Financing
Feb CNY2380B CNY7220B CNY2130B CNY2430.0B
2026-04-13 09:00 AM
Total Social Financing
Mar CNY5230B CNY2380B CNY5400B CNY4910.0B
2026-05-14 09:00 AM
Total Social Financing
Apr CNY5230B


Related Last Previous Unit Reference
Banks Balance Sheet 4887417.16 4849457.45 CNY Hundred Million Mar 2026
Central Bank Balance Sheet 491398.71 499862.79 CNY Hundred Million Mar 2026
Loan Prime Rate 1Y 3.00 3.00 percent Mar 2026
Outstanding Loan Growth YoY 5.70 6.00 percent Mar 2026
Money Supply M0 14708.28 15143.64 CNY Billion Mar 2026
Money Supply M1 119320.30 115925.88 CNY Billion Mar 2026
M2 Money Supply YoY 347190.00 340294.81 CNY Billion Jan 2026


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
52300.00 23800.00 72200.00 -974.00 2002 - 2026 CNY Hundred Million Monthly
Current Prices, NSA