China's new yuan-denominated lending soared to 1.07 trillion yuan (170.4 billion U.S. dollars) in January, up 334 billion yuan year on year, the People's Bank of China (PBOC) announced Friday.

New loans denominated in foreign currencies stood at 179.3 billion yuan, representing a year-on-year increase of 194.1 billion yuan, the central bank said in an online statement.

It said that the country's social financing, a measure of funds raised by entities in the real economy, amounted to 2.54 trillion yuan in January, up 1.56 trillion yuan from the same period last year.

By the end of January, the broad measure of money supply (M2), which covers cash in circulation and all deposits, increased 15.9 percent year on year to 99.21 trillion yuan, the statement said.

The increase was 2.1 percentage points higher than the annual growth rate in 2012 and 3.5 percentage points higher than that of the corresponding period last year.

Meanwhile, the narrow measure of money supply (M1), which covers cash in circulation plus current corporate deposits, jumped 15.3 percent year on year to 31.13 trillion yuan.

The outstanding amount of cash in circulation (M0) amounted to 6.25 trillion yuan in January, up 4.4 percent from one year earlier.

Last month, the net amount of cash put into circulation stood at 779 billion yuan.