China's rocket launches Pakistan remote-sensing satellite into orbit

China on Sunday launched the Lijian-1 Y8 carrier rocket with three satellites onboard.

The rocket blasted off at 11:33 (Beijing Time) from a commercial aerospace innovation pilot zone in northwest China and successfully sent the satellites into the planned orbit.

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China's rocket launches Pakistan remote-sensing satellite into orbit

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China's rocket launches Pakistan remote-sensing satellite into orbit

The three satellites are Pakistan remote-sensing satellite (PRSS-2), AIRSAT 03 and 04 satellites.

The mission marks the ninth flight of the Lijian-1 carrier rocket.

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.