BEIJING, July 15 -- China's yuan-denominated loans rose by 10.72 trillion yuan (about 1.58 trillion U.S. dollars) in the first half of 2026, central bank data showed on Wednesday.

At the end of June, outstanding yuan loans stood at 282.63 trillion yuan, up 5.2 percent year on year, according to the People's Bank of China.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, had increased by 8 percent year on year to 356.71 trillion yuan by the end of last month.

The M1, which covers cash in circulation, demand deposits and client reserves of non-bank payment institutions, reached 118.48 trillion yuan at the end of June, up 4 percent from a year earlier.

Wednesday's data also revealed that outstanding aggregate financing for the real economy stood at 462.06 trillion yuan at the end of last month, an increase of 7.4 percent year on year.

Yuan deposits rose by 17.76 trillion yuan in the first half of 2026, with household deposits up by 7.58 trillion yuan.

China will continue to apply an appropriately accommodative monetary policy in 2026, this year's government work report noted.