The Chinese and U.S. delegations convened in Madrid, Spain on Sunday for talks on economic and trade issues.
In the coming days, the two sides will discuss issues such as the U.S. unilateral tariff measures, the abuse of export controls and TikTok, a spokesperson with China's Ministry of Commerce said on Friday.
The Chinese delegation is headed by Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee.
China's position on the TikTok issue is clear and consistent, the spokesperson said. China is firmly committed to safeguarding the legitimate rights and interests of its enterprises and will handle the TikTok issue in accordance with the relevant laws and regulations.
China, U.S. start economic, trade talks in Madrid
China, U.S. start economic, trade talks in Madrid
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
