Year M0 M1 M2 OPI MPI NI UP POP W 1952 2.75 9.65 10.13 100.0 100.0 58.9 12.5 574.82 0.6 1953 3.94 10.96 11.37 103.4 103.9 70.9 13.3 587.96 0.6 1954 4.12 12.24 13.24 105.8 106.3 74.8 13.7 602.66 0.6 1955 4.03 13.26 14.59 106.9 106.1 78.8 13.5 614.65 0.6 1956 5.73 15.94 17.50 106.9 105.9 88.2 14.6 628.28 0.6 1957 5.28 17.81 19.77 108.5 108.9 90.8 15.4 646.53 0.6 1958 6.78 28.93 31.32 108.8 117.5 111.8 16.2 659.94 0.8 1959 7.51 36.01 39.17 109.7 119.0 122.2 18.4 672.07 0.8 1960 9.59 37.18 40.91 113.1 136.6 122.0 19.7 662.07 0.7 1961 12.57 41.01 43.98 131.5 491.8 99.6 19.3 658.59 0.7 1962 10.65 41.06 43.62 136.5 319.6 92.4 17.3 672.95 0.7 1963 8.99 40.72 43.66 128.4 241.3 100.0 16.8 691.72 0.75 1964 8.00 39.77 43.47 123.7 167.8 116.6 18.4 704.99 0.8 1965 9.08 45.42 49.76 120.4 173.2 138.7 18.0 725.38 0.8 1966 10.85 51.94 56.63 120.0 175.3 158.6 17.9 745.42 0.8 1967 12.19 58.08 62.97 119.1 178.2 148.7 17.7 763.68 0.9 1968 13.41 61.66 66.69 119.2 178.2 141.5 17.6 785.34 0.9 1969 13.71 60.98 65.92 117.9 178.1 161.7 17.5 806.71 0.9 1970 12.36 59.73 65.11 117.6 178.1 192.6 17.4 829.92 0.9 1971 13.62 65.35 71.49 116.7 193.8 207.7 17.3 852.29 0.9 1972 15.12 68.53 75.49 116.5 209.6 213.6 17.1 871.77 0.9 1973 16.61 79.26 87.03 117.2 220.7 231.8 17.2 892.11 0.9 1974 17.66 85.01 93.68 117.8 224.8 234.8 17.2 908.59 0.9 1975 18.26 92.30 101.75 118.0 233.8 250.3 17.3 924.20 0.9 1976 20.40 98.40 108.46 118.3 243.1 242.7 17.4 937.17 0.9 1977 19.54 99.56 110.73 120.8 237.2 264.4 17.6 949.74 0.85 1978 21.20 103.02 115.91 121.6 221.6 301.0 17.9 962.59 0.85 1979 26.77 129.17 145.81 124.0 211.6 335.0 19.0 975.42 0.75 1980 34.62 153.80 184.29 131.4 215.8 368.8 19.4 987.05 0.75 1981 39.63 183.81 223.45 134.6 228.3 394.1 20.2 1000.72 0.75 1982 43.91 207.05 258.98 137.2 235.8 425.8 20.8 1015.90 0.75 1983 52.98 239.27 307.50 139.3 245.7 473.6 23.5 1027.64 0.75 1984 79.21 324.54 414.63 143.2 244.7 565.2 31.9 1038.76 0.75 1985 98.78 365.91 488.43 155.8 286.8 704.4 36.6 1050.44 0.75 1986 121.84 435.24 626.16 165.1 310.0 789.9 41.4 1065.29 0.75 1987 145.45 530.82 766.45 177.2 360.5 936.1 46.6 1080.73 0.75 1988 213.40 645.22 928.89 210.0 469.7 1177.0 49.6 1096.14 0.75 1989 234.40 673.80 1092.00 247.2 520.7 1312.5 51.7 1111.91 0.75 /* Data Source: Gang Yi, "Toward Estimating the Demand for Money in China," Economics of Planning 26, 1993, 243-370. Table B1. Annual data of money supply, price indices and national income (M0, M1, M2 and N1 are in billions yuan; population is in millions). Tha last column W (Weights of official price in constructing the mixed price index) is obtained from Table A1. */