Latest statistics from People's Bank of China show domestic savings in China's banks reached 15.12 trillion yuan by the end of February, a rise of 18.3 percent compared with a year ago.

In February, growth in M2, the broad measure of money supply, slowed down, the M1, or the narrow measure of money supply, increased.

Various RMB loans also increased compared with the same period of last year. By the end of February, the total foreign and RMB currency loans in all financial institutions amounted to 21.33 trillion yuan, up 13.4 percent.

RMB exchange rate remains stable, the exchange rate between RMB and US dollar was 1:8.0415 in February, 193 basic points lower than that in last month.

By People's Daily Online