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Mozambique eyes deeper cooperation with China: prime minister

China

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China

Mozambique eyes deeper cooperation with China: prime minister

2025-10-14 17:42 Last Updated At:10-15 15:27

Mozambique is eying deeper cooperation with China, which is a good example of South-South cooperation, Prime Minister Maria Benvinda Levi said in an exclusive interview with China Global Television Network (CGTN) on Sunday.

"Mozambique-China cooperation is very solid, based on mutual respect, sovereignty, and a strategic partnership with mutual benefits," said Levi, who is in Beijing for the Global Leaders' Meeting on Women.

She said the bilateral cooperation has brought fruitful results since the two countries established diplomatic relations 50 years ago.

The Maputo-Katembe Bridge, Maputo Ring Road and many other infrastructure projects built by Chinese companies have played important roles in Mozambique's economic growth and public service improvement.

The two countries have also established pragmatic cooperation in areas of agricultural development, medical services, education and cultural exchanges.

Levi said Global South nations should unite in multilateral forums and cooperate to make their voices heard.

"Today, cooperation is multilateral, not bipolar. It is in international forums that South-South cooperation strengthens, makes its voice heard, and advocates for a more equitable and fairer world where every state's sovereignty is respected. Therefore, I believe that South-South cooperation must continue," she said.

Mozambique eyes deeper cooperation with China: prime minister

Mozambique eyes deeper cooperation with China: prime minister

Mozambique eyes deeper cooperation with China: prime minister

Mozambique eyes deeper cooperation with China: prime minister

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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