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China launches 5 experiment satellites

China

China

China

China launches 5 experiment satellites

2024-12-12 20:07 Last Updated At:20:37

China sent a group of five experiment satellites into space from the Jiuquan Satellite Launch Center in northwest China on Thursday.

The five satellites were launched by a Long March-2D carrier rocket at 15:17 (Beijing Time) and have entered the planned orbit.

The launch was the 551st mission of the Long March carrier rocket series.

China launches 5 experiment satellites

China launches 5 experiment satellites

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

China's aggregate social financing maintains high growth in 2025

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