Chinese premier meets Malaysian PM

Chinese Premier Li Qiang met with Malaysian Prime Minister Anwar Ibrahim in Beijing on Tuesday.

Anwar is in China for the Shanghai Cooperation Organization (SCO) Summit 2025, as well as commemorations marking the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.

Li noted that as the world enters a new period of turbulence and change, the two countries ought to engage in cooperation with greater unity, jointly safeguard the victorious outcomes of World War II and the postwar international order, and uphold the common interests of the two countries, the region, and the entire world.

China is willing to work with Malaysia to synergize their development strategies, better leverage their complementary advantages, and take bilateral win-win cooperation to a higher level, said Li.

By hosting commemorations marking the 80th anniversary of victory in its resistance war against Japanese aggression, China manifests its commitment to safeguarding world peace and promoting international fairness and justice, said Anwar.

Noting China is a trusted partner and friend to Malaysia, Anwar said Malaysia fully supports the Global Governance Initiative proposed by President Xi Jinping, and expressed the country's firm support for China to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

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.