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Senior Chinese legislator urges global youth unity to promote peace

China

China

China

Senior Chinese legislator urges global youth unity to promote peace

2025-07-31 00:46 Last Updated At:01:17

Li Hongzhong, vice chairman of the National People's Congress Standing Committee, on Tuesday called on young people around the world to unite in promoting peace.

Li, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks at the World Youth Conference for Peace, which was held in Beijing. He also delivered a message from Chinese President Xi Jinping at the gathering.

Li said that young people from all countries should join hands to advocate peace, urging them to contribute to world peace, promote development and cooperation, and promote exchanges to advance the harmonious coexistence of different civilizations and mutual understanding among all peoples.

Li noted that the CPC and the Chinese government will, as always, foster a sound environment for the growth and development of youth.

He said that China encourages and supports young people from China and abroad to strengthen exchanges, deepen friendship, enhance collaboration, and work together to build a bright future for the community with a shared future for humanity.

Themed "Together for Peace," the conference brought together more than 3,000 participants from over 130 countries in five continents.

Senior Chinese legislator urges global youth unity to promote peace

Senior Chinese legislator urges global youth unity to promote peace

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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