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China to step up efforts to support foreign trade enterprises: spokeswoman

China

China to step up efforts to support foreign trade enterprises: spokeswoman
China

China

China to step up efforts to support foreign trade enterprises: spokeswoman

2025-08-29 07:31 Last Updated At:08:17

China will extend greater support to foreign trade companies in finance and employment, according to the country's Ministry of Commerce on Thursday.

Speaking at a press conference in Beijing, He Yongqian, spokeswoman of Ministry of Commerce, emphasized that the ministry will work to ensure effective implementation of the existing policies, enhance service and support for foreign trade enterprises, and help them better secure orders and develop markets.

The central government agency has been making a good use of the mechanism for roundtable meetings with foreign trade firms to learn about their difficulties in operation and their requests which need to be addressed, according to the spokeswoman.

"We will further strengthen support for foreign trade companies in finance and employment, making sure that they will fulfill their production contracts. We will assist enterprises in developing a diversity of global markets and guide them to make a good use of various expo resources. We will also well host the 138th Canton Fair," she said.

"Trade promotion activities will be held actively, with more efforts being put into credit insurance to enrich the variety of insurance products. By doing so, short-term credit insurance needs of export enterprises will be met. In addition, more promotional information and country-based guidance on foreign trade will be released, in order to increase firms' confidence in developing overseas markets," said the spokeswoman.

China to step up efforts to support foreign trade enterprises: spokeswoman

China to step up efforts to support foreign trade enterprises: spokeswoman

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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