BEIJING, Dec. 12 (Xinhua) -- China's new yuan-denominated loans totaled 1.21 trillion yuan (about 174 billion U.S. dollars) in November, central bank data showed Monday.

 

The figure decreased by 59.6 billion yuan from the same period last 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, increased 12.4 percent year on year to 264.7 trillion yuan at the end of last month.

 

The growth rate was 0.6 percentage points higher than the figure seen at the end of October, and was 3.9 percentage points higher than that in the same period last year.

 

The M1, which covers cash in circulation plus demand deposits, stood at 66.7 trillion yuan at the end of November. It was up by 4.6 percent year on year.

 

The M0, the amount of cash in circulation, went up by 14.1 percent from a year ago to 9.97 trillion yuan at the end of last month.

 

In November, the central bank injected a total of 132.3 billion yuan of net cash into the market.

 

Newly added social financing, a measurement of funds that individuals and non-financial firms receive from the financial system, came in at 1.99 trillion yuan last month, representing a decrease of 610.9 billion yuan from the same period last year.

 

By the end of November, the total outstanding yuan deposits stood at 257.78 trillion yuan, up 11.6 percent year on year.