China's first salt cavern gas storage base, "Jintan", has completed capacity expansion that will raise its daily gas injection capacity by 60 percent, said China Oil and Gas Piping Network Corporation (PipeChina) on Sunday.
Located in Jintan District of Changzhou City, east China's Jiangsu Province -- the core area of the Yangtze River Delta, the Jintan gas storage serves as a key pillar for regional energy supply.
The expansion has increased the facility's daily gas injection capacity from 8.2 million cubic meters to 13.2 million cubic meters, with its daily peak-shaving gas extraction capacity surging from 6 million cubic meters to 18 million cubic meters, tripling its previous volume.
China's 1st salt cavern gas storage boosts capacity by 60 pct
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
