Skip to Content Facebook Feature Image

Chinese vice premier meets Lao President

China

China

China

Chinese vice premier meets Lao President

2025-09-04 22:49 Last Updated At:23:07

Chinese Vice Premier Ding Xuexiang met with Thongloun Sisoulith, general secretary of the Lao People's Revolutionary Party Central Committee and Lao president, in Beijing on Thursday.

Thongloun is in China for the Shanghai Cooperation Organization Summit 2025, 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, and a working visit.

Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said that the important meeting between Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, and Thongloun is of great significance for guiding the future development of China-Laos relations.

China is ready to work with Laos to follow the important guidance of the top leaders of the two parties and two countries, deepen political mutual trust, strengthen practical cooperation, tighten multilateral collaboration, and push forward the construction of the China-Laos community with a shared future with high standards, high quality, and high level, the vice premier said.

Noting that Laos is sincerely happy for the great achievements made by Chinese people, Thongloun said Laos is willing to enhance exchanges and cooperation with China, continuously pushing for new results in building the Laos-China community with a shared future.

Chinese vice premier meets Lao President

Chinese vice premier meets Lao President

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

Recommended Articles