20-7 Rate of Increase of Money Supply Over the Previous Corresponding Period | |||||||||
(%) | |||||||||
Year | (M2) | ||||||||
Money and | (M1) | Quasi- Money |
|||||||
Quasi-Money | Money | (M0) | Demand | Time | Savings | Other | |||
(M2) | (M1) | Currency in | |||||||
Circulation (M0) | Deposits | Deposits | Deposits | Deposits | |||||
1991 | 26.5 | 24.2 | 20.2 | 26.7 | 28.5 | ||||
1992 | 31.3 | 35.9 | 36.4 | 35.6 | 27.6 | ||||
1993 | |||||||||
1994 | 34.5 | 26.2 | 24.3 | 27.2 | 41.8 | 55.7 | 41.5 | 36.0 | |
1995 | 29.5 | 16.8 | 8.2 | 21.5 | 39.3 | 71.1 | 37.9 | 29.3 | |
1996 | 25.3 | 18.9 | 11.6 | 22.4 | 29.4 | 51.7 | 29.9 | 6.4 | |
1997 | 19.6 | 22.1 | 15.6 | 25.0 | 18.1 | 33.7 | 20.1 | -21.6 | |
1998 | 14.8 | 11.9 | 10.1 | 12.6 | 16.7 | 23.2 | 15.4 | 21.7 | |
1999 | 14.7 | 17.7 | 20.1 | 16.7 | 13.0 | 14.2 | 11.6 | 29.4 | |
2000 | 12.3 | 16.0 | 8.9 | 18.9 | 10.0 | 18.8 | 7.9 | 18.3 | |
2001 | 17.6 | 12.7 | 7.1 | 14.8 | 15.5 | 25.9 | 14.7 | 9.1 | |
2002 | 16.8 | 16.8 | 10.1 | 19.2 | 16.8 | 21.8 | 17.8 | 2.8 | |
2003 | 19.6 | 18.7 | 14.3 | 20.1 | 20.1 | 27.4 | 19.2 | 16.4 | |
2004 | 14.7 | 13.6 | 8.7 | 15.1 | 15.3 | 21.2 | 15.4 | 5.2 | |
2005 | 17.6 | 11.8 | 11.9 | 11.7 | 21.1 | 30.4 | 18.0 | 31.3 | |
2006 | 17.0 | 17.5 | 12.7 | 18.9 | 16.7 | 17.2 | 14.6 | 36.3 | |
a) Rate of increase over the previous corresponding period is calculated on the basis of comparable coverage. As the statistical coverage before 1992 | |||||||||
was not comparable with that in 1993, the increase rate in 1993 was not calculated. | |||||||||
b) Since June in 2001, the margin account of security companies maintained with financial institutions, part of Other Deposits, are included in money | |||||||||
supply (M2). | |||||||||
c) The People's Bank of China has made some adjustment about the monetary statistics system since the beginning of 1997, the statistics since 1997 | |||||||||
are not fully comparable with historical statistics. | |||||||||