Money supply increased appropriately. By the end of 2001, the supply of money in broad sense (M2) exceeded 15.83 trillion yuan, up 14.4 percent over the end of 2000, and the supply in narrow sense (M1) was 5,987.2 billion yuan, up 12.7 percent. Cash in circulation (M0) amounted to 1,568.9 billion yuan, up 7.1 percent.

Savings deposits and loans increased steadily. Savings deposits in various forms in all banking institutions approached 14.362 trillion yuan, an increase of 16 percent. Of this total, savings deposits of enterprises accounted for 5,154.7 billion yuan, up 16.9 percent, and savings deposits by urban and rural residents reached 7,376.2 billion yuan, up 14.7 percent. Loans in various forms by banking institutions surpassed 11.23 trillion yuan, up 11.6 percent in comparable prices. Of this total, short-term loans totaled 6,732.7 billion yuan, an increase of 7.7 percent, and the long- and medium-term loans stood at 3,427.3 billion yuan, up 15.2 percent. The structure of loans improved. Loans by rural credit cooperatives reached 1,197.1 billion yuan, an increase of 139.5 billion yuan. Consumption loans amounted to 699 billion yuan, an increase of 275.5 billion yuan, of which, individual housing loans accounted for 559.8 billion yuan, a rise of 228.2 billion yuan. Loans for infrastructure construction projects financed by funds raised from T-bonds were granted in a timely manner.

The stock market further developed. In 2001, 84 companies issued A shares and another 126 companies issued A shares rights at Shanghai and Shenzhen stock exchanges, with capital paid in topping 109.8 billion yuan, a decrease of 40.1 billion yuan from 2000. Only nine B and H shares were issued, drawing 7 billion yuan worth of capital, a decrease of 50.7 billion yuan. Capital drawn through issues of shares and rights totaled 116.8 billion yuan, a decrease of 93.5 billion yuan. At the year end, the number of listed companies (with A or B shares) in China rose to 1,160 from 1,088 at the end of 2000, worth 4,352.2 billion yuan, down 9.5 percent. The new domestic debts through the issuance of treasury bonds reached 488.4 billion yuan, an increase of 22.7 billion yuan over 2000.

Insurance service developed rapidly. In 2001, premium revenie of domestic and foreign insurance institutions totaled 210.9 billion yuan, up 32.2 percent over 2000. Of this total, premiums of property insurance were 68.5 billion yuan, premiums of life insurance were 128.8 billion yuan, and premiums of health and unforeseen accident insurance were 13.6 billion yuan. The insurance companies paid an indemnity of 59.8 billion yuan as reparations in insurance programs, of which payments under property insurance and short-term personal insurance plans stood at 39.5 billion yuan. Another 20.3 billion yuan was paid out under life insurance programs.