The Chinese and Mongolian troops have conducted a joint exercise in Ili Kazak Autonomous Prefecture, northwest China's Xinjiang Uygur Autonomous Region, focusing on combating cross-border illegal and criminal activities.
Participating troops carried out joint blockade operations, multi-dimensional reconnaissance, and three-dimensional clearance operations. Comprehensively utilizing drones, robotic dogs, surveillance radar systems, and other technological means, they thoroughly tested both sides' capabilities in joint command and emergency response.
"The joint exercise further enhanced border management and control capabilities while deepening the traditional friendship and practical cooperation between China and Mongolia," said Wu Qian, a spokesman for the Ministry of National Defense, at a press conference on Friday.
China, Mongolia conduct joint drill against cross-border crimes
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
