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Jiangsu free trade zone registers over 3 trln yuan in foreign trade since 2019

China

China

China

Jiangsu free trade zone registers over 3 trln yuan in foreign trade since 2019

2025-08-20 00:25 Last Updated At:07:27

Since its establishment in August 2019, the China (Jiangsu) Pilot Free Trade Zone has recorded a cumulative import and export value of 3.17 trillion yuan (about 441.2 billion U.S. dollars), contributing one-tenth of the total foreign trade volume of Jiangsu Province, an economic powerhouse in east China, official data showed.

According to statistics from Nanjing Customs, the zone has maintained an average annual growth rate of nearly 3 percent over the past six years.

The zone has also experienced significant growth in the number of businesses registered there, with nearly 9,400 companies registered with customs in the area - a 1.22-fold increase from 2019.

Jiangsu free trade zone registers over 3 trln yuan in foreign trade since 2019

Jiangsu free trade zone registers over 3 trln yuan in foreign trade since 2019

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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