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China congratulates Nepal on completing voting for election of House of Representatives

China

China

China

China congratulates Nepal on completing voting for election of House of Representatives

2026-03-06 20:08 Last Updated At:20:37

China congratulates Nepal on concluding the voting for the House of Representatives elections steadily and as scheduled, said Foreign Ministry spokeswoman Mao Ning in Beijing on Friday.

"We are glad to see Nepal advance its political agenda smoothly. As a traditionally friendly neighbor, China values its relations with Nepal. The two countries have given each other support in their effort to safeguard independence, sovereignty and territorial integrity. China stands ready to work with Nepal to continue advancing the strategic partnership of cooperation featuring ever-lasting friendship for development and prosperity," Mao said.

Nepal's top official of the Election Committee said that around 60 percent of eligible voters cast their votes in the House of Representatives elections that concluded on Thursday.

In a press conference, Ram Prasad Bhandari, acting chief election commissioner, claimed that the polls were largely peaceful across the country.

A total of 18,903,689 voters were eligible to cast their ballots. As many as 6,541 party and independent candidates ran for 275 seats in the lower house.

China congratulates Nepal on completing voting for election of House of Representatives

China congratulates Nepal on completing voting for election of House of Representatives

China has injected about two trillion yuan (about 289.7 billion U.S. dollars) in net medium- and long-term funds into the open market since the beginning of this year, China's central bank governor Pan Gongsheng said Friday.

Pan, governor of the People's Bank of China, outlined the country's monetary policy for 2026 at a press conference on the sidelines of the fourth session of the 14th National People's Congress.

"Since the beginning of this year, about two trillion yuan in net medium- and long-term funds have been channeled into the open market through various financial instruments. Overall, the social financing conditions remain accommodative, the financial aggregates keep reasonable growth, the comprehensive social financing cost operates at a low level, and the credit structure continues to be optimized. In 2025, the net financing of the bond market reached 16 trillion yuan, accounting for 46 percent of the increase in aggregate financing, which is a relatively high level in recent years. This also reflects that the financing structure of China's financial market is undergoing profound changes," Pan said.

China injects 2 trillion yuan in medium, long-term funds into open market since start of 2026: minister

China injects 2 trillion yuan in medium, long-term funds into open market since start of 2026: minister

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