China's broad money supply up almost 12 percent

China's broad money supply, or M2, stood at 266.43 trillion yuan ($39.34 trillion) by the end of December, up by 11.8 percent year-on-year, said the People's Bank of China, the country's central bank, on Tuesday.

The growth rate declined from 12.4 percent a month earlier and rose from 9 percent a year ago. 

The nation's increment in aggregate social financing – the total amount of financing to the real economy – came in at 1.31 trillion yuan in December, down by 1.05 trillion yuan compared with the same period last year, the PBOC said.

Meanwhile, outstanding aggregate social financing stood at 344.21 trillion yuan as of the end of December, up by 9.6 percent year-on-year. The growth rate edged down from 10 percent a month earlier.

China's new yuan-denominated loans totaled 1.4 trillion yuan in December, up by 266.5 billion yuan year-on-year, the central bank said.