J-35A, J-20 fighter jets complete first adaptive training in Zhuhai

China

J-35A, J-20 fighter jets complete first adaptive training in Zhuhai

2024-11-08 14:56 Last Updated At：18:27

The Chinese People's Liberation Army (PLA) air force's stealth fighters J-35A and J-20 on Friday morning completed their first adaptive training for the upcoming 15th China International Aviation and Aerospace Exhibition in south China's port city of Zhuhai.

Also known as Airshow China, the air show, scheduled for Nov 12-17, has attracted 1,022 companies from 47 countries and regions. Russia, France, the United States, Saudi Arabia and Italy will participate in the biennial aerospace trade show in groups.

The PLA air force announced on Tuesday that its J-35A fighters will debut at the upcoming air show.

The J-35A is a medium size stealth combat plane with multiple roles, and can conduct strikes against targets in air, on land and at sea.

As a new generation of stealth fighter in China, the J-35A features world-class technologies and has good stealth, information and intelligence capabilities.

Moreover, four J-20 stealth fighter jets flew in formation to carry out their first adaptive training in Zhuhai, with two of them landing at the static display area.

The pilots have choreographed new maneuvers for the approaching aerobatic flight, which is expected to put on stunning aerobatic performances for spectators.

During the air show, there will be about four hours of stunt performances every day.

In addition, Russia's Sukhoi Su-57 is also set to take part in the coming Zhuhai Airshow, indicating that it will be the first time in the world that three models of stealth combat jets appear in the same show.

Banking sector's external financial assets exceed 1.56 trln USD

2024-12-26 23:29 Last Updated At：23:37

External financial assets of China's banking sector exceeded 1.56 trillion U.S. dollars at the end of September, according to official data released on Thursday.

The banking sector's external financial liabilities stood at about 1.5 trillion dollars at the end of September, resulting in 61.3 billion dollars of net external assets, according to the State Administration of Foreign Exchange.

Among the external financial assets, deposit and loan assets totaled 953.7 billion dollars, accounting for 61 percent of the total; bond assets stood at 238.2 billion dollars, accounting for 24 percent of the total; and other assets, including equity, were 238.2 billion dollars, accounting for 15 percent of the total.

Among the external liabilities, deposit and loan liabilities were 712.9 billion dollars or 47 percent of the total; bonds investment reached 379.7 billion dollars, accounting for 25 percent of the total; and equity and other liabilities were 410.3 billion dollars or 27 percent of the total.