Pakistani Prime Minister Shehbaz Sharif arrived in Tianjin Municipality in north China on Saturday evening to attend the Shanghai Cooperation Organization (SCO) Summit 2025 scheduled for Aug 31 to Sept 1.
Pakistan is a member state of the SCO. China and Pakistan are good neighbors bound together by mountains and rivers, good friends bound by trust and loyalty, good partners who support each other, and good brothers who share weal and woe. The China-Pakistan all-weather strategic cooperative partnership continues to deepen, enjoying a solid foundation of public support, strong internal driving force, and broad prospects for development.
Following the SCO Summit, Sharif will come to Beijing to attend China's V-Day commemorations on Sept 3.
Pakistani prime minister arrives in Tianjin for SCO Summit
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
