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China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

China

China

China

China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

2025-03-15 09:57 Last Updated At:23:27

The global initiatives proposed by China will benefit countries around the world, as they enable every country to play a constructive role in the pursuit of peace and common prosperity, said former Lebanese Prime Minister Hassan Diab in an exclusive interview with China Media Group (CMG) in Guangzhou, south China's Guangdong Province.

Proposed by Chinese President Xi Jinping, the trio of global initiatives, namely the Global Development Initiative (GDI), the Global Security Initiative (GSI) and the Global Civilization Initiative (GCI), reflects his vision of a more inclusive, equitable and harmonious world order.

"I think it's commendable, especially what China is seeking is an inclusive peaceful world that has a place for everybody. We're not talking about just big countries, but even the small ones. This gives a sense of relaxation on the level of countries, such as Lebanon, that China can be part of pushing for this peaceful world where everybody has a chance to be proactive and play a positive role," said Diab.

China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

China's global initiatives seek peace, prosperity for all countries: former Lebanese PM

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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