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Xi meets Russian State Duma chairman

China

China

China

Xi meets Russian State Duma chairman

2025-08-26 15:28 Last Updated At:23:57

Chinese President Xi Jinping met with Vyacheslav Volodin, chairman of the Russian parliament's lower house, the State Duma, in Beijing on Tuesday.

Xi pointed out that China-Russia relations are the most stable, mature and strategically significant major-country relations in today's volatile and changing world.

Persistently promoting the high-level development of China-Russia relations is in the fundamental interests of the two peoples and is also the source of stability for world peace, he said.

"In May this year, I paid a state visit to Russia and attended the celebration to commemorate the 80th anniversary of the victory of the Great Patriotic War of the Soviet Union," Xi said, noting that next week, China will hold a grand event to commemorate the 80th anniversary of the victory in the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War.

China and the Soviet Union, as the main battlefields in Asia and Europe in World War II, respectively, made great national sacrifices to fight against Japanese militarism and German fascist aggression, and made great contributions to the victory of World War II, Xi said, adding that the two sides should carry forward traditional friendship, deepen strategic mutual trust, enhance exchanges and cooperation in various fields, join hands to safeguard the security and development interests of the two countries, unite the countries of the Global South, adhere to true multilateralism, and promote the development of the international order in a more just and reasonable direction.

Noting that cooperation between legislative bodies is an indispensable part of the comprehensive strategic partnership of coordination between China and Russia in a new era, Xi expressed his hope that both sides will actively carry out exchanges of experience in governance and legislation, thus providing a more solid legislative guarantee for China-Russia strategic coordination and cooperation in various fields under the new situation.

Volodin extended Russian President Vladimir Putin's cordial greetings and best wishes to President Xi, saying that under the strategic guidance of the heads of state of the two countries, Russia-China relations have developed in depth and achieved remarkable results.

The State Duma of Russia is committed to implementing the important consensus reached by the heads of state of the two countries, strengthening exchanges and cooperation between the legislative bodies of Russia and China, and sparing no effort to promote more achievements in bilateral relations, Volodin said.

Eighty years ago, the people of Soviet Union and China made significant contributions to defeating fascism. Russia is willing to celebrate the hard-won victory with China, pay tribute to the martyrs and join hands to create a bright future, he said.

Xi meets Russian State Duma chairman

Xi meets Russian State Duma chairman

Xi meets Russian State Duma chairman

Xi meets Russian State Duma chairman

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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