Improving Macroeconomic Governance through Balance Sheet Management  

作　　者：ZHANG Xiaojing LIU Lei 

机构地区：[1]National Institution for Finance&Development,Chinese Academy of Social Sciences(CASS) [2]the Center for National Balance Sheet,Chinese Academy of Social Sciences(CASS)

出　　处：《China Forex》2024年第3期16-21,共6页中国外汇（英文）

摘　　要：China's macro leverage ratio increasedbyo.8percentage points in the second quarter of 2024,from 294.8%at the end of the first quarter to 295.6%.Among them,the household sectorleverage ratio decreased by o.5 percentage points,dropping from 64.0%in the first quarter to 63.5%;the leverage ratio of the non-financial corporate(NFC)sector increased by o.2percentage points,rising from 174.1%at the end of the first quarter to 174.3%;the government sector leverage ratio increased by 1.1 percentage points,rising from 56.7%at the end of the first quarter to 57.8%.The M2/GDPratiofell by2.1percentage points,from 239.5%at the end of the first quarter to 237.4%;the social financing stock/GDP ratio increased by o.8 percentage points,from 306.7%at the end of the first quarter to 307.5%.

关 键 词：M2/GDP QUARTER FINANCIAL 

分 类 号：F832[经济管理—金融学]