A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua]

BEIJING – China’s new yuan-denominated loans totaled 3.13 trillion yuan ($491.8 billion) in March, central bank data showed Monday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 9.7 percent year-on-year to 249.77 trillion yuan at the end of last month, according to the People’s Bank of China.

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