People from different walks of life in Peru lined the streets of the capital Lima on Thursday local time, eagerly anticipating Chinese President Xi Jinping's visit.
The welcoming crowd were seen waving Chinese and Peruvian national flags and holding banners reading "Long live the China-Peru friendship".
President Xi arrived in Peru on Thursday to attend the 31st APEC Economic Leaders' Meeting and pay a state visit to the Latin American country at the invitation of Peruvian President Dina Boluarte.
The 31st APEC Economic Leaders' Meeting will be held on Friday and Saturday in Lima.
Locals gather to welcome President Xi in Lima
Locals gather to welcome President Xi in Lima
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
