The State Council Information Office held a press conference on January 13, 2023 for relevant responsible persons from the People's Bank of China (PBOC) to introduce the financial statistics in 2022.

A suitable environment of liquidity for keeping overall macroeconomic performance stable

The PBOC lowered reserve requirement ratio twice during the year, providing long-term liquidity in excess of 1 trillion yuan for the real economy. It handed over to the central coffers 1.13 trillion yuan in surplus profits. 

The broad money supply (M2) increased by 11.8% year on year, 2.8 percentage points higher compared to the end of the previous year. 

RMB loans increased by 21.31 trillion yuan, an increase of 1.36 trillion yuan over the previous year's growth.