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Central government spokesman refutes Lai Ching-te's baseless rhetoric

China

Central government spokesman refutes Lai Ching-te's baseless rhetoric
China

China

Central government spokesman refutes Lai Ching-te's baseless rhetoric

2025-07-30 11:22 Last Updated At:15:47

The Democratic Progressive Party (DPP) authorities peddling the fallacy that "Taiwan and the Chinese mainland are not subordinate to each other" will only intensify cross-Strait tension, undermine cross-Strait peace, and bring disasters to the Taiwan compatriots, said a Chinese central government spokesman on Wednesday.

Chen Binhua, spokesman for the State Council Taiwan Affairs Office, made the statement at a press conference in Beijing.

"The historical ins and outs of the Taiwan question are crystal clear, so is the legal fact that Taiwan is part of China. Lai Ching-te's falsehoods have no historical or legal ground, and don't conform to objective facts. On October 1, 1949, the People's Republic of China was founded, becoming the successor to the Republic of China, and the Central People's Government became the only legitimate government of the whole of China. The new government replaced the previous regime in a situation where China, as a subject under international law, did not change and China's sovereignty and inherent territory did not change. As a natural result, the government of the People's Republic of China should enjoy and exercise China's full sovereignty, which includes its sovereignty over Taiwan," said the spokesman.

"The DPP authorities ignored facts, made irresponsible remarks, and kept peddling the fallacy and lie that 'Taiwan and the Chinese mainland are not subordinate to each other,' which will only intensify cross-Strait tension, undermine peace across the Taiwan Strait, and bring disasters to the Taiwan compatriots. Whatever the DPP authorities say or do, they cannot change the fact that Taiwan is an inalienable part of China's territory, nor can they stop the trend towards the motherland's reunification," the spokesman said.

Central government spokesman refutes Lai Ching-te's baseless rhetoric

Central government spokesman refutes Lai Ching-te's baseless rhetoric

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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