Over the past five years, the total value of China's import and export with Nepal has surpassed 55 billion yuan, with an average annual growth rate of 11.7 percent, official date showed on Friday.
As an important partner of China in building the Belt and Road Initiative in South Asia, Nepal's trade relations with China is growingly closer over the past several years.
The two countries saw a new historical phase in their bilateral relations following the elevation of their relationship to a strategic partnership in 2019.
In the first 10 months of this year, the total value of China's trade with Nepal reached 11.218 billion yuan (about 1.54 billion U.S. dollars). Among them, the Xizang Autonomous Region's export to Nepal of the "new trio," namely electric vehicles, lithium-ion batteries, and photovoltaic products, amounted to 225 million yuan (about 31 million U.S. dollars), showing a significant year-on-year growth.
This year, China and Nepal have continued to strengthen port construction and improve customs clearance facilitation. The four China-Nepal land ports have been operating smoothly and in an orderly manner, promoting bilateral economic and trade cooperation as well as personnel exchanges.
In the first 10 months of this year, the cargo volume at the four China-Nepal land ports came to 180,000 tonnes, a year-on-year increase of 51 percent.
"In the first 10 months of this year, trade value between Xizang and Nepal reached 3.14 billion yuan (about 432 million U.S. dollars), a year-on-year increase of 46.4 percent, accounting for 28 percent of the total China-Nepal trade value during the same period. The high-quality Belt and Road cooperation has gradually highlighted Xizang's geographic advantage as a gateway to South Asia," said Qiong Da, head of First Comprehensive Business Division of the Lhasa Customs.
China's foreign trade with Nepal surpassed 55 bln yuan over past 5 years
China's stock market demonstrated robust performance in 2025 with new records in various sectors.
Against the backdrop of global liquidity easing and evolving industrial policies, the A-share market experienced a landmark year. Multiple key metrics - including total market capitalization, trading volume, as well as margin trading and short selling balances - achieved historic breakthroughs, demonstrating remarkable vitality and resilience.
In terms of overall performance, as of Dec. 31, 2025, the total market capitalization of A-shares reached approximately 118.91 trillion yuan, marking a net increase of 25.30 trillion yuan from the year's opening level of 93.61 trillion yuan. This represents a growth rate of 27.03 percent, according to data from financial information provider Wind.
In 2025, major A-share indices extended their annual gains compared to 2024.
On Dec. 31, 2025, the Shanghai Composite Index stood at 3,968.84 points, marking an annual increase of 18.41 percent - the largest annual gain since 2020. The Shenzhen Component Index rose 29.87 percent for the year, while the ChiNext Index surged 49.57 percent. The Beijing Stock Exchange 50 Index recorded an annual gain of 38.80 percent, while the STAR Market 50 Index rose 35.92 percent for the year.
As major indices rose, market trading activity intensified. Throughout 2025, the A-share market recorded a total trading value of approximately 420 trillion yuan, marking a growth of over 60 percent compared to the previous year and nearly doubling the 2023 annual value. It also marked the first time in history that the annual trading value surpassed the 400 trillion yuan threshold.
The margin trading and short selling scale in the A-share market expanded rapidly in 2025. As of the year end, the outstanding margin trading and short selling balance in the A-share market increased by 690.7 billion yuan during the year to reach 2.5 trillion yuan, setting a new historical high.
Notably, the growth in the balance was primarily driven by the increase in the financing balance. Although the short selling balance also increased in 2025, its cumulative growth for the year was less than 10 billion yuan, with the absolute value of the short selling balance remaining at a low level in recent years.
As market sentiment continued to heat up, major sectors in the A-share market saw increases. Key industry sectors rose to varying degrees, with over half posting annual increases exceeding 30 percent.
Boosted by sharp rises in precious metal prices, the nonferrous metals sector delivered standout performance throughout 2025. Defense and military, telecommunications, machinery and equipment, automotive, power equipment, and electronics sectors also ranked among the top annual gainers. Sectors like food and beverages, coal, and banking showed relatively weaker annual performance but still managed modest gains.
Against the backdrop of a broad market rally, individual stocks also rose, with many delivering standout performances. Data indicates that over 4,200 A-shares saw price increases in 2025, accounting for more than three-quarters of the total. Specifically, after excluding newly listed stocks, over 500 A-shares still doubled in value, with more than 100 stocks achieving annual gains exceeding 200 percent.
China's stock market demonstrates strong performance with multiple new records in 2025
