CCTV News: According to the central bank's website, a financial statistical data report for March 2025 was released.

1. Broad currency grew by 7%. At the end of March, the balance of broad currency (M2) was 326.06 trillion yuan, an increase of 7% year-on-year. The balance of narrow currency (M1) was 113.49 trillion yuan, an increase of 1.6% year-on-year. The balance of currency (M0) in circulation was 13.07 trillion yuan, an increase of 11.5% year-on-year. In the first quarter, net cash injections were 249.8 billion yuan.

2. RMB loans increased by 9.78 trillion yuan in the first quarter

At the end of March, the balance of domestic and foreign currency loans was 269.26 trillion yuan, an increase of 6.9% year-on-year. The balance of RMB loans at the end of the month was 265.41 trillion yuan, an increase of 7.4% year-on-year.

RMB loans increased by 9.78 trillion yuan in the first quarter. By department, household loans increased by 1.04 trillion yuan, of which short-term loans increased by 160.3 billion yuan, medium- and long-term loans increased by 883.2 billion yuan; loans to enterprises (institutions) institutions increased by 8.66 trillion yuan, of which short-term loans increased by 3.51 trillion yuan, medium- and long-term loans increased by 5.58 trillion yuan, bill financing decreased by 544.2 billion yuan; loans to non-banking financial institutions decreased by 86.6 billion yuan.

At the end of March, the balance of foreign currency loans was US$535.7 billion, a year-on-year decrease of 20.1%. Foreign currency loans fell by US$6.4 billion in the first quarter.

3. RMB deposits increased by 12.99 trillion yuan in the first quarter

At the end of March, the balance of deposits in domestic and foreign currencies was 32.211 trillion yuan, an increase of 6.9% year-on-year. The balance of RMB deposits at the end of the month was 315.22 trillion yuan, an increase of 6.7% year-on-year.

In the first quarter, RMB deposits increased by 12.99 trillion yuan. Among them, household deposits increased by 9.22 trillion yuan, non-financial enterprises increased by 1.74 trillion yuan, fiscal deposits increased by 819 billion yuan, and non-banking financial institutions increased by 309 billion yuan.

At the end of March, the balance of foreign currency deposits was US$959.8 billion, an increase of 15.3% year-on-year. Foreign currency deposits increased by US$106.9 billion in the first quarter.

In the first quarter, the interbank RMB market interbank lending monthly weighted average interest rate was 1.85%, and the monthly weighted average interest rate of pledged bond repurchase was 1.87%. In the first quarter, the interbank RMB market completed a total of 431.39 trillion yuan in lending, cash bonds and repurchase, with an average daily turnover of 7.31 trillion yuan, and a year-on-year decrease of 17.7%. Among them, the average daily transaction of interbank lending decreased by 38.8% year-on-year, the average daily transaction of current bonds decreased by 4.5% year-on-year, and the average daily transaction of pledge repurchase decreased by 19.6% year-on-year.

The weighted average interbank lending rate in March was 1.85%, 0.1 and 0.03 percentage points lower than the previous month and the same period last year, respectively. The weighted average interest rate of pledge repurchase was 1.87%, 0.13 and 0.04 percentage points lower than last month and the same period last year, respectively.

5. The balance of national foreign exchange reserves was US$3.24 trillion

At the end of March, the balance of national foreign exchange reserves was US$3.24 trillion. At the end of March, the RMB exchange rate was RMB 1 USD 7.1782.

VI. In the first quarter, the cross-border RMB settlement amount under the current account was 3.96 trillion yuan, and the cross-border RMB settlement amount was 2.09 trillion yuan. In the first quarter, the cross-border RMB settlement amount under the current account was 3.96 trillion yuan, of which 3.12 trillion yuan and 0.84 trillion yuan were trade in goods, trade in services and other current accounts were 3.12 trillion yuan and 0.84 trillion yuan respectively; the cross-border RMB settlement amount was 2.09 trillion yuan, of which foreign direct investment and foreign direct investment were 0.76 trillion yuan and 1.33 trillion yuan respectively.