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Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

China

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman
China

China

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

2025-07-25 16:45 Last Updated At:23:17

The Chinese and European Union leaders reached important consensus during their meetings on Thursday, vowing to enhance bilateral ties and mutual trust, Foreign Ministry spokesman Guo Jiakun said at a press briefing in Beijing on Friday.

Chinese President Xi Jinping on Thursday met with President of the European Council Antonio Costa and President of the European Commission Ursula von der Leyen, who were in Beijing for the 25th China-EU Summit.

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Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

On the same day, Chinese Premier Li Qiang co-chaired the 25th China-EU Summit with Costa and von der Leyen at the Great Hall of the People in Beijing.

Guo introduced details of the high-level meetings at the press conference.

"This year marks the 50th anniversary of the establishment of China-EU diplomatic ties. Yesterday, President Xi Jinping met with European Council President Antonio Costa and President of the European Commission Ursula von der Leyen who were on a visit to China. Together with the two EU leaders, Premier Li Qiang co-chaired the 25th China-EU Summit. Leaders of the two sides had long, in-depth and candid talks, and exchanged views on strategic issues concerning bilateral relations, specific issues in China-EU cooperation, and international hotspots of mutual concern. Important common understandings were reached at the summit. Both sides attach importance to China-EU ties, and agreed to uphold and deepen partnership, maintain strategic communication, enhance understanding and mutual trust, and write a more splendid chapter in the next 50 years of China-EU relations," Guo said.

"Both sides agreed to maintain open cooperation, broaden ties in trade and investment, and achieve more positive results of cooperation. Both sides expressed their commitment to properly addressing trade frictions and differences through dialogue and consultation, and their opposition to decoupling and the severing of industrial and supply chains. Both sides agreed to jointly safeguard the international rules and order established after World War II, uphold multilateralism and free trade, support the peaceful settlement of international disputes through political means, jointly address global challenges, and make new contributions to world peace and development," he said.

"The two sides issued a joint statement on climate change. They stressed that the China-EU green partnership is an important part of the China-EU partnership, which demonstrates the willingness and joint efforts of the two sides to address climate change, achieve green development, and make the United Nations Climate Change Conference in Belem a full success. Both sides agreed to forge an 'upgraded version' of the China-EU export control dialogue mechanism, have timely communication on each other's concerns, and jointly keep the industrial and supply chains between China and Europe stable and unimpeded," said the spokesman.

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

Chinese, EU leaders vow to enhance bilateral ties, mutual trust: spokesman

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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