China Total Social Financing 2025 (Latest Data & Historical Trends)
Annual official total social financing data from People's Bank of China annual reports, including TSF increment and year-end stock by RMB loans, foreign-currency loans, entrusted loans, trust loans, bankers' acceptances, enterprise bonds, government bonds, and equity financing.
Quick Answer
China's Total Social Financing data for 2025. Historical data available from 2020 to 2025, covering 6 years. Data source: People's Bank of China (PBC).
Data table
Latest data preview
Showing the latest 5 observations from 2020 to 2025. Use CSV or API for the complete machine-readable series.
| Period | Increment total | Increment rmb loans | Increment foreign currency loans | Increment entrusted loans | Increment trust loans | Increment bankers acceptance | Increment enterprise bonds | Increment government bonds | Increment equity financing | Stock total | Stock rmb loans | Stock foreign currency loans | Stock entrusted loans | Stock trust loans | Stock bankers acceptance | Stock enterprise bonds | Stock government bonds | Stock equity financing |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 35.6032 | 15.9147 | -0.2043 | 0.1203 | 0.3682 | 0.0112 | 2.3918 | 13.8368 | 0.4763 | 442.12 | 268.4 | 1.05 | 11.35 | 4.67 | 2.15 | 34.24 | 94.92 | 12.2 |
| 2024 | 32.2589 | 17.0496 | -0.3916 | -0.0577 | 0.3976 | -0.3293 | 1.9093 | 11.2955 | 0.29 | 408.34 | 252.53 | 1.29 | 11.21 | 4.3 | 2.16 | 32.3 | 81.09 | 11.72 |
| 2023 | 35.5799 | 22.224 | -0.2206 | 0.0199 | 0.1576 | -0.1782 | 1.6254 | 9.6045 | 0.7931 | 378.08 | 235.48 | 1.66 | 11.27 | 3.9 | 2.49 | 31.11 | 69.79 | 11.43 |
| 2022 | 32.0101 | 20.9149 | -0.5254 | 0.3579 | -0.6003 | -0.3411 | 2.0508 | 7.1228 | 1.1757 | 344.22 | 212.43 | 1.84 | 11.24 | 3.75 | 2.66 | 31.01 | 60.19 | 10.64 |
| 2021 | 31.3407 | 19.9403 | 0.1715 | -0.1696 | -2.0074 | -0.4916 | 3.2866 | 7.0154 | 1.2133 | 314.12 | 191.54 | 2.23 | 10.87 | 4.36 | 3.01 | 29.93 | 53.06 | 9.46 |
Show full historical table
| Period | Increment total | Increment rmb loans | Increment foreign currency loans | Increment entrusted loans | Increment trust loans | Increment bankers acceptance | Increment enterprise bonds | Increment government bonds | Increment equity financing | Stock total | Stock rmb loans | Stock foreign currency loans | Stock entrusted loans | Stock trust loans | Stock bankers acceptance | Stock enterprise bonds | Stock government bonds | Stock equity financing |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 34.7917 | 20.031 | 0.145 | -0.3954 | -1.102 | 0.1746 | 4.3748 | 8.3217 | 0.8923 | |||||||||
| 2021 | 31.3407 | 19.9403 | 0.1715 | -0.1696 | -2.0074 | -0.4916 | 3.2866 | 7.0154 | 1.2133 | 314.12 | 191.54 | 2.23 | 10.87 | 4.36 | 3.01 | 29.93 | 53.06 | 9.46 |
| 2022 | 32.0101 | 20.9149 | -0.5254 | 0.3579 | -0.6003 | -0.3411 | 2.0508 | 7.1228 | 1.1757 | 344.22 | 212.43 | 1.84 | 11.24 | 3.75 | 2.66 | 31.01 | 60.19 | 10.64 |
| 2023 | 35.5799 | 22.224 | -0.2206 | 0.0199 | 0.1576 | -0.1782 | 1.6254 | 9.6045 | 0.7931 | 378.08 | 235.48 | 1.66 | 11.27 | 3.9 | 2.49 | 31.11 | 69.79 | 11.43 |
| 2024 | 32.2589 | 17.0496 | -0.3916 | -0.0577 | 0.3976 | -0.3293 | 1.9093 | 11.2955 | 0.29 | 408.34 | 252.53 | 1.29 | 11.21 | 4.3 | 2.16 | 32.3 | 81.09 | 11.72 |
| 2025 | 35.6032 | 15.9147 | -0.2043 | 0.1203 | 0.3682 | 0.0112 | 2.3918 | 13.8368 | 0.4763 | 442.12 | 268.4 | 1.05 | 11.35 | 4.67 | 2.15 | 34.24 | 94.92 | 12.2 |
About This Dataset
Annual official total social financing data from People's Bank of China annual reports, including TSF increment and year-end stock by RMB loans, foreign-currency loans, entrusted loans, trust loans, bankers' acceptances, enterprise bonds, government bonds, and equity financing.
The latest row (2025) reports increment total: 35.6 Trillion RMB and increment rmb loans: 15.91 Trillion RMB. The dataset spans 6 data points from 2020 to 2025, updated yearly.
API
curl https://chinadata.live/api/v2/data/china-total-social-financing-annual 📚 How to Cite This Data
Citation Format:
China Data Portal (2026). China Total Social Financing. Retrieved from https://chinadata.live/data/china-total-social-financing-annual/
Primary Source:
People's Bank of China (PBC)
Data as of:
2025
API Access:
GET https://chinadata.live/api/v2/data/china-total-social-financing-annual Frequently Asked Questions
What is total social financing in China?
Total social financing, or TSF, measures financing provided by China's financial system to the real economy, including bank loans, bond financing, trust loans, entrusted loans, bankers' acceptances, and equity financing.
Why do China analysts track TSF?
TSF is one of the most important official indicators of China's broad credit conditions and monetary transmission to the real economy.
What unit does this dataset use?
All fields are shown in trillion RMB. PBC source tables publish TSF increments in 100 million RMB and TSF stock in trillion RMB, so increments are converted for consistent charting.
What does the China Total Social Financing dataset report for 2025?
The latest row (2025) reports increment total: 35.6 Trillion RMB and increment rmb loans: 15.91 Trillion RMB. This dataset includes 6 data points covering 2020 to 2025.
Where does China Total Social Financing data come from?
China Total Social Financing data is sourced from People's Bank of China (PBC) and structured by China Data Portal for charting, CSV download, and API access.