China launches internet satellite group

China successfully launched a new group of low Earth orbit satellites from the Taiyuan Satellite Launch Center in north China's Shanxi Province on Sunday.

The satellite group, the fifth of its kind that will constitute an internet constellation, lifted off at 18:03 (Beijing Time) aboard a modified Long March-6 carrier rocket. The satellites entered the preset orbit successfully.

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China launches internet satellite group

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China launches internet satellite group

The launch marked the 585th mission of the Long March series carrier rockets.

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.