China successfully launched a new group of low Earth orbit satellites from the Hainan commercial spacecraft launch site in the southern island province of Hainan on Wednesday.
The satellite group, the sixth of its kind that will constitute an internet constellation, was launched at 15:49 aboard a Long March-8A carrier rocket. The satellites entered the preset orbit successfully.
The launch marked the 586th mission of the Long March series carrier rockets.
China launches low Earth orbit satellite group
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
