(Yicai Global) Aug.11 -- China's new yuan-denominated loans totaled CNY1.08 trillion (about USD166.59 billion) last month, up CNY90.5 billion from the same period last year, central bank data showed today.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.3 percent year on year to CNY230.22 trillion at the end of July, according to the People's Bank of China.