Skip to Content Facebook Feature Image

Senior Chinese officials pledge allegiance to Constitution

China

China

China

Senior Chinese officials pledge allegiance to Constitution

2024-12-23 19:41 Last Updated At:22:17

A total of 45 senior officials of 35 departments and units under the State Council, China's cabinet, pledged allegiance to the Constitution of the People's Republic of China at a ceremony on Monday.

Premier Li Qiang oversaw the ceremony and gave a speech. He urged the officials to uphold the authority of the Constitution at all times, to take the lead in respecting, studying, observing and applying the law, to perform their duties in accordance with the law, and to remain honest and self-disciplined.

Noting that China's economic and social development will continue to face numerous challenges and difficulties next year, Li called on the officials to shoulder their responsibilities and strive to open new horizons for reform and development.

It is essential that the decisions and plans of the Communist Party of China (CPC) Central Committee are refined and implemented, he said, noting that each task should be monitored closely to deliver tangible results.

Highlighting a people-centered development philosophy, he called on the officials to learn more about the needs and requests of people and enterprises.

For departmental leaders, it is essential for them to break away from cognitive inertia, and to make proactive plans and seek effective approaches in work to press ahead with reform tasks, Li said.

He also urged the various central government departments and local regions to enhance coordination and foster synergy in the execution of work.

Senior Chinese officials pledge allegiance to Constitution

Senior Chinese officials pledge allegiance to Constitution

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

Recommended Articles