China's new yuan-denominated loans reached 1.69 trillion yuan (about 238.9 billion U.S. dollars) in September, central bank data showed Tuesday.

The bank said that multiple key gauges performed stronger than expected in September, with the money supply and financial sectors better structured to support China's real economy.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, grew 8.4 percent year on year to 195.23 trillion yuan at the end of September, according to the People's Bank of China (PBOC).

The narrow measure of the money supply (M1), which covers cash in circulation plus demand deposits, rose 3.4 percent year on year to 55.71 trillion yuan by the end of last month.

M0, the amount of cash in circulation, increased four percent year on year to 7.41 trillion yuan by the end of September, according to the PBOC. The total social financing (TSF) also rose to 2.27 trillion yuan in September. By the end of last month, China's total outstanding social funding rose 10.8 percent year on year to 219.04 trillion yuan.

Officials said the real economy showed stronger financing needs and credit appetite during the third quarter.

Ruan Jianhong, head of the central bank's statistics and analysis department, said the financial sector offered stronger support for the real economy.

"We saw the overall RMB lending increase by 13.9 trillion during the first three quarters of this year. We also saw ample liquidity and more balanced supply and demand dynamics in bank lending...Our survey into the credit situation of small and medium-sized companies showed stronger financing needs in Q3. That's also the reason for the robust growth in total social financing," she added.

Talking about the different terms and maturities of the loans, Ruan said the banks' boosted lending for the real economy was underscored by a pick-up in medium- and long-term corporate loans.

The central bank's data showed that corporate loans jumped to 1.01 trillion yuan in September from 651.3 billion yuan in August. Sector-wise, the loans mainly flow into infrastructure and manufacturing sectors. The high-tech manufacturing industry especially saw outperformed growth.

Sun Guofeng, head of the central bank's monetary policy department, reiterated that the PBOC will rely on reforms to improve policy-transmission mechanisms and help lower borrowing costs.

(CGTN's Wu Zheyu contributed to this story)