Bond balance reaches 196.7 trillion yuan

China's bond market custody balance stood at 196.7 trillion yuan ($28 trillion) at the end of 2025, data from the People's Bank of China showed. The central bank's report on financial market performance in 2025 indicated that net financing of government bonds reached 13.8 trillion yuan last year, an increase of 2.5 trillion yuan from 2024. Net financing of corporate bonds stood at 2.4 trillion yuan, an increase of 482.3 billion yuan year-on-year.

Measures enhance rail bridge, tunnel safety

Railway operators have taken timely measures to bolster the safety of bridges and tunnels on high-speed railway lines amid snowy weather. Upon receiving a snowfall warning, the Taiyuan High-speed Railway Engineering Section in Shanxi province immediately initiated an emergency response, calling on each workshop and working area to intensify inspections in advance to monitor equipment status on rail bridges and tunnels. During snowfall, operators utilize off-peak hours to conduct foot patrols on bridges and in tunnels to promptly clear ice and snow, while strictly enforcing on-site safety protection.

Xinhua - China Daily