BEIJING -- China's new yuan-denominated lending reached 900.8 billion yuan ($147.4 billion) in May, according to a statement issued by the central bank on Thursday.
The volume was 4.3 billion yuan less than the same period last year, the People's Bank of China said.
M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 10.8 percent year on year to 130.74 trillion yuan at the end of May, according to the central bank.
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