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China-Laos Railway handles over 60 mln passenger trips since its launch

China

China

China

China-Laos Railway handles over 60 mln passenger trips since its launch

2025-10-10 17:31 Last Updated At:19:37

The China-Laos Railway has seen more than 60 million passenger trips since its launch nearly four years ago, carrying 595,000 cross-border travelers from 115 countries and regions as of Wednesday, China Railway Kunming Group announced.

To meet growing demand, this railway service added a second pair of international trains between Kunming City, capital of southwest China's Yunnan Province, and Vientiane in Laos this July, doubling the number of daily trains to four. The service has promoted regional connections and social and economic development along the railway lines.

Service enhancements include dedicated ticketing windows, support for foreign payment methods, and optimized cross-border booking systems.

Passenger volume this year has reached 15.48 million to date, marking a 2.38 percent year-on-year increase, which reflects the railway's important role in regional connectivity.

The China-Laos Railway officially opened in December 2021 and launched international services linking Kunming and Vientiane in April 2023.

China-Laos Railway handles over 60 mln passenger trips since its launch

China-Laos Railway handles over 60 mln passenger trips since its launch

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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