中国央行近日公布的数据显示，截至7月末，中国的广义货币（M2）余额达到303.31万亿元，同比增长6.3%，显示出货币供应量保持相对稳定。与此同时，狭义货币（M1）余额为63.23万亿元，同比下降6.6%，而流通中的货币（M0）余额为11.88万亿元，同比增长12%。前七个月，中国社会融资规模存量达到395.72万亿元，同比增长8.2%，表明金融支持实体经济的能力持续增强。
从信贷数据来看，前七个月人民币贷款增加13.53万亿元，显示出金融机构对实体经济的支持力度。分部门来看，住户贷款增加1.25万亿元，企（事）业单位贷款增加11.13万亿元，非银行业金融机构贷款增加5946亿元。
尽管7月贷款和社融数据相对趋势水平偏弱，但光大银行金融市场部宏观研究员周茂华认为，这并不能直接得出经济复苏趋弱的结论。他提到，金融数据的波动可能受到规范金融活动、治理资金空转等因素的影响，这些举措有助于提升金融服务质效，防范潜在风险。
中国民生银行首席经济学家温彬指出，在金融“挤水分”取得成效后，为促进全年经济社会发展目标，逆周期调节政策有望适时加力，维持信用扩张在合理均衡水平。金融机构应引导信贷合理增长、均衡投放，加大对新动能领域的支持，提升资金运行效率，推动信贷质效与高质量发展相适配。
综上所述，尽管金融数据有所波动，但总体上反映出中国金融系统对实体经济的支持力度充足，且有望在未来继续保持稳定增长，为经济高质量发展提供有力支撑。
英语如下：
News Title: “China’s M2 Growth Rate Slows to 6.3%, Financial Data Reveal New Economic Trends”
Keywords: M2 Growth Rate, Societal Financing Stocks, Monetary Policy
News Content: Data released by the People’s Bank of China (PBOC) recently show that by the end of July, China’s broad money supply (M2) totaled 303.31 trillion yuan, growing by 6.3% year-on-year, indicating that the quantity of money supply remains relatively stable. Meanwhile, the narrow money supply (M1) totaled 63.23 trillion yuan, down 6.6% year-on-year, and the cash in circulation (M0) totaled 11.88 trillion yuan, up 12% year-on-year. Over the first seven months, China’s social financing scale stock reached 395.72 trillion yuan, growing by 8.2% year-on-year, indicating that the ability of the financial system to support the real economy continues to strengthen.
Looking at the credit data, the increase in renminbi loans over the first seven months was 13.53 trillion yuan, indicating the strength of support from financial institutions to the real economy. Analyzing by sector, household loans increased by 1.25 trillion yuan, corporate (institutional) loans increased by 11.13 trillion yuan, and loans to non-bank financial institutions increased by 59.46 billion yuan.
Although the July loan and social financing data showed a relative weakness compared to the trend level, Zhou Menghua, a macroeconomic researcher at the Financial Markets Department of China Everbright Bank, believes that this does not directly lead to the conclusion that economic recovery is weakening. He mentioned that the volatility in financial data may be affected by the regulation of financial activities, the governance of capital turnover, and other factors, which help improve the quality and efficiency of financial services and prevent potential risks.
Wen Bin, Chief Economist of China Minsheng Bank, pointed out that after the financial “drainage of excess water” has been effective, counter-cyclical regulatory policies are expected to be strengthened in a timely manner to maintain credit expansion at a reasonable and balanced level in order to promote the economic and social development goals for the whole year. Financial institutions should guide credit to grow reasonably and be allocated evenly, increase support for new momentum areas, improve the efficiency of capital operation, and promote the quality and efficiency of credit to be compatible with high-quality development.
In summary, despite the fluctuations in financial data, the overall picture reflects a sufficient level of support from China’s financial system to the real economy, and it is expected to continue growing steadily in the future, providing a strong support for high-quality economic development.
【来源】http://www.chinanews.com/cj/2024/08-13/10268417.shtml
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