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Nobel laureate Chen Ning Yang dies at 103

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Nobel laureate Chen Ning Yang dies at 103

2025-10-18 15:31 Last Updated At:22:37

Renowned physicist Chen Ning Yang or Yang Zhenning, a Nobel laureate and academician of the Chinese Academy of Sciences, died in Beijing on Saturday at 103, according to Qinghua University.

Yang was born in Hefei, east China's Anhui Province, in 1922. He attended elementary school and high school in Beijing, entered to study physics at the National Southwestern Associated University in the late 1930s, and received a Bachelor of Science there in 1942. Then he went to the United States to pursue academic studies and subsequently held teaching positions.

Yang was awarded the Nobel Prize in Physics in 1957.

The Yang-Mills gauge theory introduced by Yang and Robert Mills is one of the most important achievements of physics in the 20th century.

Over more than 20 years since he returned to China, Yang had taught at Qinghua University, making important contributions to cultivating and recruiting talent and promoting international academic exchanges.

"Although I've lived in the United States for many years, as a friend of mine once said, 'Yang Zhenning, the blood flowing in your veins is the same as your father's - it's the blood of Chinese culture.' My destination is my starting point, and vice versa. I hope to train future world leaders in physics," Yang said in an interview back in 2005.

Nobel laureate Chen Ning Yang dies at 103

Nobel laureate Chen Ning Yang dies at 103

Nobel laureate Chen Ning Yang dies at 103

Nobel laureate Chen Ning Yang dies at 103

Nobel laureate Chen Ning Yang dies at 103

Nobel laureate Chen Ning Yang dies at 103

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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