According to Central Bank's figures, the M2 balance in August this year has increased 14.7% on the year-on-year basis, while the RMB loan has increased 711.3 billion yuan. At the same time, the public financing has reached 1.57 trillion yuan, doubling the amount of last month. These figures show that the financial support for the real economy has been enhanced. However, Anbound points out that it is worthy to adopt a cautious attitude since the effects of financial support for the economy are abating—a further indicator of the need for Chinese economic transformation and restructuring. The "steady growth" policies should cover several objectives including adjusting structures and promoting reforms.