Xi hails high-level, special nature of China-Kazakhstan relationship

Chinese President Xi Jinping on Saturday highlighted the strength and special nature of China-Kazakhstan relations as he met with Kazakh President Kassym-Jomart Tokayev in the northern Chinese port city of Tianjin.

Tokayev is in Tianjin for the Shanghai Cooperation Organization (SCO) Summit 2025, which opens on Sunday. He will later travel to Beijing and attend a grand military parade commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War, which is scheduled for Sept 3.

Xi noted that he and Tokayev had recently met in the Kazakh capital Astana back in June, and hailed the strength of relations between the two sides.

"Our meeting after just two months fully reflects the high level and special nature of China-Kazakhstan relations. No matter how the international situation changes, the two sides should remain committed to good-neighborliness, pursue openness and mutual benefit, and remain firm in working together to build a community with a shared future. The two sides should firmly support each other on issues concerning core interests and major concerns, consolidate and expand all-round cooperation, and bring China-Kazakhstan relations to a new level," Xi told the Kazakh president.

Tokayev expressed strong support for China's SCO presidency and also noted that ties between the two countries are now higher than ever.

"We fully support China's SCO presidency and actively engage in promoting the broad agenda of this organization. I also want to extend my congratulations on the 80th anniversary of the victory in the World Anti-Fascist War and the Chinese People's War of Resistance Against Japanese Aggression. With your support, Kazakhstan-China relations are developing at an unprecedented level," Tokayev said to Xi.

Xi hails high-level, special nature of China-Kazakhstan relationship

Xi hails high-level, special nature of China-Kazakhstan relationship

Xi hails high-level, special nature of China-Kazakhstan relationship

Xi hails high-level, special nature of China-Kazakhstan relationship

Xi hails high-level, special nature of China-Kazakhstan relationship

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