央行最新数据显示,2016年12月M2同比增长11.3%,增速分别比上月末和上年同期低0.1和2个百分点,显著低于13%的目标。分析认为,进入2016年四季度以来,外汇占款出现大幅下降,拉低M2增速,导致连续几个月M2增速低于市场预期。预计此后M2增速恐将在此基础上继续放缓。而从2017年一季度起,央行将正式把表外理财正式纳入宏观审慎评估(MPA)广义信贷指标,以合理引导金融机构加强对表外业务风险的管理。在 The latest data from the central bank show M2 grew 11.3% YoY in December 2016, a deceleration of 0.1 and 2 percentage points from the end of last month and the same period of last year respectively, which was significantly lower than the target of 13%. Analysts believe that since entering the fourth quarter of 2016, foreign exchange purchases have dropped sharply, driving down the growth rate of M2, resulting in M2 growth below the market expectation for several months in a row. It is expected that M2 growth will continue to slow down thereafter. Starting from the first quarter of 2017, the central bank will formally incorporate off-balance sheet wealth management into the general macro-credit assessment (MPA) credit index to rationally guide financial institutions to strengthen the management of off-balance-sheet business risks. in