China launched 18 satellites into space on Tuesday aboard a modified Long March-6 carrier rocket from the Taiyuan Satellite Launch Center in north China's Shanxi Province at 19:06 Beijing Time.
The launch marks the 539th successful flight mission for the Long March carrier rocket series.
The 18 satellites, which have entered their preset orbit, are the second group of its kind to shape China's "Qianfan Constellation". The plan, also known as the "G60 Constellation", is to build a network of low Earth orbit (LEO) multimedia satellites.
Under the "Qianfan Constellation" plan, a network of more than 10,000 LEOs will be deployed by 2030, to bring expanded coverage, and faster and lower-cost services.
China successfully launches another 18-satellite group for Qianfan Constellation
China successfully launches another 18-satellite group for Qianfan Constellation
China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.
The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.
According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.
In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.
China's aggregate social financing maintains high growth in 2025
