Skip to Content Facebook Feature Image

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

China

China

China

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

2025-07-12 14:33 Last Updated At:23:37

Chinese Foreign Minister Wang Yi on Friday attended the 32nd ASEAN Regional Forum (ARF) Foreign Ministers' Meeting in Kuala Lumpur, Malaysia.

Asia-Pacific's development benefited from the region's peaceful and stable environment, and should be cherished, said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee.

Noting the ARF, as an important multilateral security platform in the region, bears significant responsibilities for maintaining regional peace and stability, Wang said China welcomes the proposal to reinforce the role of the ARF and enhance confidence-building measures.

Wang introduced China's proposition to ensure the stable development of the Asia-Pacific region and enable the ARF to continue to play its due role: a vision of common, comprehensive, cooperative and sustainable security, a balanced, effective and sustainable security architecture, an Asian security model featuring intertwined security, seeking common ground while reserving differences and dialogue and consultation, so as to find a new path of security featuring dialogue rather than confrontation, partnership rather than alliance, and win-win rather than zero-sum.

Creating division and opposition with a zero-sum game mentality runs counter to the goal of maintaining security, Wang said, urging efforts to address both the symptoms and root causes of conflicts and wars.

Saying Asia calls for the Eastern wisdom of valuing harmony and coexistence, Wang said wisdom should be drawn from the Bandung Spirit and legitimate security concerns of all parties should be accommodated.

China is willing to work with regional countries to bridge and resolve differences through dialogue and consultation, and inject more vitality into confidence-building measures and preventive diplomacy in all fields of the ARF.

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

Chinese FM attends ASEAN Regional Forum Foreign Ministers' Meeting

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