The central bank of china has decided to implement a new revised narrow money (M1) statistical caliber starting from the statistics of January 2025. The revised M1 includes: currency in circulation (M0), unit demand deposits, personal demand deposits, and reserves held by clients of non-bank payment institutions.
中国央行：决定自统计2025年1月份数据起，启用新修订的狭义货币（M1）统计口径
The china central bank: decided to start using the newly revised narrow money (M1) statistical caliber from the statistics of January 2025.
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