Next release Tuesday, 10 November 2026, 03:00 New York. Every release since 12 Nov 2018: 96 on record, actual against forecast. Medium impact for the CNY. Updated within the hour of each release.
The last China Total Social Financing (Sep. 2026, released 12 Oct 2026) came in at 3,550B, above the 3,270B forecast; the previous reading was 1,660B. The next China Total Social Financing is due Tuesday, 10 November 2026 at 03:00 New York time (Oct. 2026), with the forecast at 1,585B.
Since 2018, China Total Social Financing has come in above forecast 55% of the time and below 45% (95 releases with a forecast); over the last 12 it beat 58%.
The average miss against forecast over the last 24 releases was 347.93B: higher than expected is good for the CNY.
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 12 Oct 2026 04:00 | Sep. 2026 | 3,550B | 3,270B | 1,660B | above |
| 10 Sept 2026 04:00 | Aug. 2026 | 1,660B | 2,040B | 1,407B | below |
| 10 Aug 2026 04:00 | Jul. 2026 | 1,407B | 1,200B | 3,367B | above |
| 10 Jul 2026 04:00 | Jun. 2026 | 3,367B | 3,500B | 2,029B | below |
| 10 Jun 2026 04:00 | May. 2026 | 2,029B | 1,870B | 623.8B | above |
| 11 May 2026 04:00 | Apr. 2026 | 623.8B | 1,500B | 5,224B | below |
| 10 Apr 2026 04:00 | Mar. 2026 | 5,224B | 5,400B | 2,384B | below |
| 10 Mar 2026 04:00 | Feb. 2026 | 2,384B | 2,133B | 7,219B | above |
| 10 Feb 2026 03:00 | Jan. 2026 | 7,219B | 7,050B | 2,213B | above |
| 12 Jan 2026 03:00 | Dec. 2025 | 2,213B | 2,000B | 2,493B | above |
| 10 Dec 2025 03:00 | Nov. 2025 | 2,493B | 2,200B | 817.8B | above |
| 10 Nov 2025 03:00 | Oct. 2025 | 817.8B | 1,229B | 3,530B | below |
| 10 Oct 2025 04:00 | Sep. 2025 | 3,530B | 3,323B | 2,566B | above |
| 10 Sept 2025 04:00 | Aug. 2025 | 2,566B | 2,463B | 1,131B | above |
| 8 Aug 2025 04:00 | Jul. 2025 | 1,131B | 1,504B | 4,225B | below |
| 10 Jul 2025 04:00 | Jun. 2025 | 4,225B | 3,650B | 2,290B | above |
| 10 Jun 2025 04:00 | May. 2025 | 2,290B | 2,300B | 1,160B | below |
| 9 May 2025 04:00 | Apr. 2025 | 1,160B | 1,218B | 5,896B | below |
| 10 Apr 2025 04:00 | Mar. 2025 | 5,896B | 4,800B | 2,233B | above |
| 10 Mar 2025 04:00 | Feb. 2025 | 2,233B | 2,500B | 7,055B | below |
| 10 Feb 2025 03:00 | Jan. 2025 | 7,055B | 6,400B | 2,854B | above |
| 10 Jan 2025 03:00 | Dec. 2024 | 2,854B | 2,000B | 2,329B | above |
| 10 Dec 2024 03:00 | Nov. 2024 | 2,329B | 2,800B | 1,412B | below |
| 8 Nov 2024 03:00 | Oct. 2024 | 1,412B | 1,545B | 3,764B | below |
| 10 Oct 2024 04:00 | Sep. 2024 | 3,764B | 3,725B | 3,032B | above |
| 10 Sept 2024 04:00 | Aug. 2024 | 3,032B | 2,950B | 770.7B | above |
| 9 Aug 2024 04:00 | Jul. 2024 | 770.7B | 1,100B | 3,299B | below |
| 10 Jul 2024 04:00 | Jun. 2024 | 3,299B | 3,341B | 2,062B | below |
| 10 Jun 2024 04:00 | May. 2024 | 2,062B | 2,200B | -65.8B | below |
| 10 May 2024 04:00 | Apr. 2024 | -65.8B | 1,000B | 4,834B | below |
| 10 Apr 2024 04:00 | Mar. 2024 | 4,834B | 4,700B | 1,496B | above |
| 11 Mar 2024 04:00 | Feb. 2024 | 1,496B | 2,220B | 6,473B | below |
| 9 Feb 2024 03:00 | Jan. 2024 | 6,473B | 5,550B | 1,933B | above |
| 10 Jan 2024 03:00 | Dec. 2023 | 1,933B | 2,200B | 2,455B | below |
| 11 Dec 2023 03:00 | Nov. 2023 | 2,455B | 2,600B | 1,844B | below |
| 10 Nov 2023 03:00 | Oct. 2023 | 1,844B | 1,900B | 4,133B | below |
| 10 Oct 2023 04:00 | Sep. 2023 | 4,133B | 3,800B | 3,128B | above |
| 8 Sept 2023 04:00 | Aug. 2023 | 3,128B | 2,460B | 536.6B | above |
| 10 Aug 2023 04:00 | Jul. 2023 | 536.6B | 1,100B | 4,227B | below |
| 10 Jul 2023 04:00 | Jun. 2023 | 4,227B | 3,000B | 1,556B | above |
| 9 Jun 2023 04:00 | May. 2023 | 1,556B | 2,000B | 1,225B | below |
| 10 May 2023 04:00 | Apr. 2023 | 1,225B | 2,000B | 5,387B | below |
| 10 Apr 2023 04:00 | Mar. 2023 | 5,387B | 4,500B | 3,161B | above |
| 10 Mar 2023 03:00 | Feb. 2023 | 3,161B | 2,200B | 5,996B | above |
| 10 Feb 2023 03:00 | Jan. 2023 | 5,996B | 5,400B | 1,306B | above |
| 10 Jan 2023 03:00 | Dec. 2022 | 1,306B | 1,600B | 1,984B | below |
| 12 Dec 2022 03:00 | Nov. 2022 | 1,984B | 2,100B | 913.4B | below |
| 10 Nov 2022 03:00 | Oct. 2022 | 913.4B | 1,600B | 3,541B | below |
| 10 Oct 2022 04:00 | Sep. 2022 | 3,541B | 2,725B | 2,471B | above |
| 12 Sept 2022 04:00 | Aug. 2022 | 2,471B | 2,075B | 778.5B | above |
| 10 Aug 2022 04:00 | Jul. 2022 | 778.5B | 1,300B | 5,193B | below |
| 11 Jul 2022 04:00 | Jun. 2022 | 5,193B | 4,200B | 2,842B | above |
| 10 Jun 2022 04:00 | May. 2022 | 2,842B | 2,015B | 932.7B | above |
| 10 May 2022 04:00 | Apr. 2022 | 932.7B | 2,150B | 4,657B | below |
| 11 Apr 2022 04:00 | Mar. 2022 | 4,657B | 3,700B | 1,217B | above |
| 10 Mar 2022 03:00 | Feb. 2022 | 1,217B | 2,215B | 6,176B | below |
| 10 Feb 2022 03:00 | Jan. 2022 | 6,176B | 5,460B | 2,358B | above |
| 10 Jan 2022 03:00 | Dec. 2021 | 2,358B | 2,450B | 2,598B | below |
| 10 Dec 2021 03:00 | Nov. 2021 | 2,598B | 2,700B | 1,618B | below |
| 10 Nov 2021 03:00 | Oct. 2021 | 1,618B | 1,600B | 2,903B | above |
| 11 Oct 2021 04:00 | Sep. 2021 | 2,903B | 3,105B | 2,989B | below |
| 10 Sept 2021 04:00 | Aug. 2021 | 2,989B | 2,750B | 1,075B | above |
| 10 Aug 2021 04:00 | Jul. 2021 | 1,075B | 1,700B | 3,702B | below |
| 9 Jul 2021 06:00 | Jun. 2021 | 3,702B | 2,870B | 1,952B | above |
| 10 Jun 2021 04:00 | May. 2021 | 1,952B | 2,002B | 1,857B | below |
| 10 May 2021 04:00 | Apr. 2021 | 1,857B | 2,250B | 3,376B | below |
| 12 Apr 2021 04:00 | Mar. 2021 | 3,376B | 3,700B | 1,724B | below |
| 12 Mar 2021 03:00 | Feb. 2021 | 1,724B | 950B | 5,188B | above |
| 9 Feb 2021 03:00 | Jan. 2021 | 5,188B | 4,450B | 1,648B | above |
| 11 Jan 2021 03:00 | Dec. 2020 | 1,648B | 2,200B | 2,136B | below |
| 9 Dec 2020 21:00 | Nov. 2020 | 2,136B | 2,075B | 1,393B | above |
| 10 Nov 2020 21:00 | Oct. 2020 | 1,393B | 1,400B | 3,469B | below |
| 12 Oct 2020 22:00 | Sep. 2020 | 3,469B | 3,150B | 3,585B | above |
| 10 Sept 2020 22:00 | Aug. 2020 | 3,585B | 2,730B | 1,693B | above |
| 11 Aug 2020 04:00 | Jul. 2020 | 1,693B | 1,850B | 3,468B | below |
| 10 Jul 2020 22:00 | Jun. 2020 | 3,468B | 3,000B | 3,187B | above |
| 10 Jun 2020 22:00 | May. 2020 | 3,187B | 3,000B | 3,103B | above |
| 11 May 2020 22:00 | Apr. 2020 | 3,103B | 2,650B | 5,184B | above |
| 10 Apr 2020 04:00 | Mar. 2020 | 5,184B | 2,800B | 873.7B | above |
| 10 Mar 2020 22:00 | Feb. 2020 | 873.7B | 1,600B | 5,054B | below |
| 17 Feb 2020 11:00 | Jan. 2020 | 5,054B | 4,300B | 2,201B | above |
| 16 Jan 2020 21:00 | Dec. 2019 | 2,201B | 1,700B | 1,994B | above |
| 10 Dec 2019 21:00 | Nov. 2019 | 1,994B | 1,500B | 868B | above |
| 11 Nov 2019 21:00 | Oct. 2019 | 868B | 1,000B | 2,514B | below |
| 10 Oct 2019 22:00 | Sep. 2019 | 2,514B | 1,800B | 2,196B | above |
| 10 Sept 2019 22:00 | Aug. 2019 | 2,196B | 1,550B | 1,287B | above |
| 9 Aug 2019 22:00 | Jul. 2019 | 1,287B | 1,500B | 2,624B | below |
| 12 Jul 2019 22:00 | Jun. 2019 | 2,624B | 1,950B | 1,712B | above |
| 10 Jun 2019 22:00 | May. 2019 | 1,712B | 1,410B | 1,671B | above |
| 9 May 2019 22:00 | Apr. 2019 | 1,671B | 1,700B | 2,960B | below |
| 11 Apr 2019 22:00 | Mar. 2019 | 2,960B | 1,744B | 966.5B | above |
| 11 Mar 2019 22:00 | Feb. 2019 | 966.5B | 1,450B | 4,679B | below |
| 11 Feb 2019 21:00 | Jan. 2019 | 4,679B | 3,250B | 1,931B | above |
| 11 Jan 2019 21:00 | Dec. 2018 | 1,931B | 1,200B | 1,613B | above |
| 11 Dec 2018 21:00 | Nov. 2018 | 1,613B | 1,350B | 953.8B | above |
| 12 Nov 2018 21:00 | Oct. 2018 | 953.8B | – | 2,306B | – |
The next China Total Social Financing is due Tuesday, 10 November 2026 at 03:00 New York time (Oct. 2026), with the forecast at 1,585B.
The last China Total Social Financing (Sep. 2026, released 12 Oct 2026) came in at 3,550B, above the 3,270B forecast; the previous reading was 1,660B.
China Total Social Financing is released monthly by Central Bank. CRTLAB has 96 releases on record since 12 Nov 2018.
Since 2018, China Total Social Financing has come in above forecast 55% of the time and below 45% (95 releases with a forecast); over the last 12 it beat 58%.
The highest was 7,219B (Jan. 2026) and the lowest -65.8B (Apr. 2024). The five-year average is 2825.01B.
Usually yes: a reading above forecast is the good surprise for the CNY, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the CNY against its forecast, red one that was bad.
In China, Total Social Financing refers to the volume of financing provided by the financial system to the real economy (domestic non-financial enterprises and households) during a certain period of time. Total social financing is a broad measure of credit and liquidity in the economy as it includes off-balance sheet forms of financing such as initial public offerings, loans from trust companies and bond sales.