China's outstanding loans in 5 major financial areas up 14% by May

​China has stepped up efforts to develop technology, green, inclusive, pension, and digital finance to better support the real economy. During the first five months of 2025, outstanding loans in these five areas reached 103.3 trillion yuan (US$14.41 trillion), up 14% year on year, according to official data released Monday.

July 15, 2025

China says it does not seek competitive edge through currency depreciation

​China does not seek to gain an international competitive edge through currency depreciation, Zou Lan, deputy governor of the People's Bank of China (PBOC), told a press conference on Monday.

July 15, 2025