Foreign trade of China's central, western regions exceeds 5 tln yuan

In the first eight months of this year, the import and export of goods in the central and western regions of China reached 5.31 trillion yuan (746 billion U.S. dollars), up 10.4 percent year on year, setting a new record high for the same period in history, according to the the General Administration of Customs.

The central and western regions are leading the nation in import and export growth, with their share of the national total rising to 18 percent.

In the first eight months, the six provinces in the central region, namely Shanxi, Henan, Anhui, Hubei, Hunan, and Jiangxi, implemented innovative solutions to boost foreign trade. The export of electric vehicles, lithium-ion batteries, and photovoltaic products increased by 38.83 percent, among which the export of electric vehicles rose 119.07 percent. The export of high-tech products climbed by 9.11 percent.

Among all the 12 provincial-level regions in west China, Qinghai and Xinjiang saw relatively higher growth rates, expanding by 45 percent and 25.4 percent respectively.

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.