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China voices support for global ceasefire for 2026 Winter Olympics

China

China

China

China voices support for global ceasefire for 2026 Winter Olympics

2025-10-09 17:44 Last Updated At:19:07

China supports the global truce during the Milan Cortina 2026 Olympic Winter Games, urging dialogue to bridge divides, said Foreign Ministry spokesman Guo Jiakun at a press briefing in Beijing on Thursday.

According to Guo, China has endorsed an initiative proposed by Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani, which calls for observing the Olympic Truce during the Winter Games -- a truce that would cover conflicts including those in Ukraine and the Middle East.

"The Olympic Truce tradition has a long and profound history, embodying humanity's shared aspiration for peace and mutual assistance. This aligns with the United Nations' founding mission of maintaining international peace and security. The current world situation is neither stable nor peaceful, with regional security hotspots keeping flaring up. China supports using the Olympic Truce resolution as an opportunity to resolve differences through dialogue, replace confrontation with cooperation, enhance mutual understanding, and safeguard global peace and development," siad Guo.

China voices support for global ceasefire for 2026 Winter Olympics

China voices support for global ceasefire for 2026 Winter Olympics

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

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