19-7  Rate of Increase of Money Supply Over the Previous Corresponding Period
(%)
Year	Money and
	Quasi-Money	Money			Quasi-Money
	(M2)	(M1)	Currency in	Demand		Time	Savings	Other
			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	41.9	55.7	41.5	36.0
1995	29.5	16.8	8.2	21.5	39.4	71.1	37.9	29.3
1996	25.3	18.9	11.6	22.4	29.4	51.7	29.9	6.4
1997	17.3	16.5	15.6	16.9	17.8	24.5	19.3	-8.9
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	29.3
2000	12.3	16.0	8.9	18.9	10.0	18.8	7.9	18.3
2001	14.4	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
2007	16.7	21.1	12.2	23.5	14.3	21.2	6.8	63.2
2008	17.8	9.1	12.7	8.2	23.2	28.1	26.3	-1.5
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.