Chinese FM meets U.S. congressional delegation

Chinese Foreign Minister Wang Yi met with a U.S. congressional delegation led by Representative Adam Smith in Beijing on Tuesday.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, pointed out that the visit is the first by a delegation of U.S. congressmen to China since 2019. The delegation brought the voices of the main political parties in the U.S. and the expectations of the American people for China-U.S. relations, and should be regarded as an ice-breaking visit, he said.

Wang noted that Chinese President Xi Jinping has maintained contact with US President Donald Trump. The three phone calls between the two leaders this year set the tone and charted the course for improving and developing China-US relations. The current stabilizing trend of China-US relations is hard-won and deserves to be cherished, Wang said.

China's doors to exchanges will always be open, Wang said, encouraging more members of the U.S. Congress to visit China.

Chinese FM meets U.S. congressional delegation

Chinese FM meets U.S. congressional delegation

Chinese FM meets U.S. congressional delegation

Chinese FM meets U.S. congressional delegation

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