China issued 6.14 trillion yuan (about 855.9 billion U.S. dollars) in new yuan-denominated loans in the first two months of 2025, according to data released by the central bank on Friday.
As of the end of February, outstanding yuan loans stood at 261.78 trillion yuan, marking a 7.3 percent year-on-year increase, the People's Bank of China reported.
M2, a broad measure of money supply that includes cash in circulation and all deposits, had increased by 7 percent year on year to 320.52 trillion yuan by the end of last month.
M1, which comprises cash in circulation, demand deposits, and client reserves at non-banking payment institutions, stood at 109.44 trillion yuan at the end of February, up 0.1 percent year on year.
China issues 6.14 trillion yuan in new loans in first two months of 2025
The coordination between Iran, China and Russia is vital for addressing new challenges facing the international community, an Iranian political analyst said on Friday.
Foad Izadi, the analyst, made the remarks while commenting on a trilateral meeting on the Iranian nuclear issue held in Beijing on the same day.
The meeting, chaired by Chinese Vice Foreign Minister Ma Zhaoxu and attended by Russian Deputy Foreign Minister Ryabkov Sergey Alexeevich and Iranian Deputy Foreign Minister Kazem Gharibabadi, focused on exploring potential pathways to revive diplomatic efforts aimed at resolving Iran's nuclear issue.
The development comes as the Trump administration has pushed for negotiations on a new agreement that would permanently prevent Tehran from developing nuclear weapons.
During a press briefing following the meeting, Vice Foreign Minister Ma emphasized that the involved parties should work to address the root causes of the current crisis, stating that China, Iran, and Russia reject both the use of sanctions and the threat of military force.
"In Eurasia, we have three major countries: Iran, China, and Russia. So, coordination between these countries, given the fact that there are new challenges facing the international community, is going to be important. I think this is why the three countries are getting together in Beijing," Izadi told China Global Television Network (CGTN).
Beijing's statement also underscored the importance of United Nations Security Council Resolution 2231, which formally endorses the 2015 nuclear agreement between Tehran and world powers.
China reiterated its readiness to support diplomatic solutions to break the deadlock over Iran's nuclear program.
"Iran-China relations are good. It is not in the interest of China for Iran to face more difficulties from the United States," Izadi pointed out.
Meanwhile, Iranian Foreign Minister Abbas Araqchi has revealed that a new proposal is under consideration, which could help resolve outstanding issues between Tehran and the International Atomic Energy Agency.
The timing of this "new proposal," coinciding with Trump's letter to Iran and the Beijing meeting, could help sustain a glimmer of hope for the continuation of nuclear negotiations, according to experts.
Iran-China-Russia coordination vital for addressing challenges: analyst
