Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

The 15th China International Aviation and Aerospace Exhibition, which opened in Zhuhai City of south China's Guangdong Province on Tuesday, is staging spectacular aerospace performances and showcasing various latest and high-end military equipment to global visitors.

The highly-anticipated biennial aerospace trade show, also known as the Zhuhai Airshow, has attracted 1,022 companies from 47 countries and regions, including Russia, France, the United States, Saudi Arabia and Italy.

The event will run until Sunday, and a four-hour flight demonstration, including performances of aerobatic teams and military jets, will be staged everyday. Among them, China's J-35A, J-20, and Russia's Su-57 stealth fighters will be on the same stage for the first time, according to organizers.

During the field adaptation training conducted on Monday, the Bayi Aerobatic Team and the Hongying Aerobatic Team under the People's Liberation Army (PLA) Air Force showcased maneuvers such as six-plane diamond formation dive and two-plane high-speed crossing.

At the outdoor and indoor exhibition areas of this year's airshow, China's army, navy and air force equipment are displayed in an integrated manner, including the debut of the J-15D carrier-based fighter, the debut of the HQ-19 surface-to-air missile weapon system, and the new reconnaissance and strike drone.

At the same time, a number of star exhibits, including the first lunar soil samples brought back from the far side of the moon, the scaled model of China's Haoloong space cargo shuttle, as well as China's large unmanned combat vessel, JARI-USV-A, also known as "Orca," are making their debut at the air show.

Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

Zhuhai Airshow thrills visitors with aerial stunts, high-end equipment

China welcomes more Latin American and Caribbean (LAC) countries to issue panda bonds in China and share the development opportunities brought by the growth of the Chinese market, said Pan Gongsheng, governor of the People's Bank of China, the central bank, on Wednesday at the China-LAC Panda Bond Seminar in Beijing, one of the sub-forums of the China-CELAC (the Community of Latin American and Caribbean States) Forum.

Addressing the seminar, Pan said China and LAC countries, including Brazil, as important members of the Global South, have achieved fruitful outcomes in financial cooperation, contributing to China-LAC economic and trade cooperation, financial stability, and economic growth.

Given the complex and challenging international landscape, China and LAC countries should strengthen financial cooperation across broader and deeper fields to jointly address common challenges, he said.

Panda bonds are RMB-denominated bonds issued by foreign institutions within China. The funds raised through panda bonds are versatile, being used for purposes including financing domestic projects, business development, and overseas operations. These bonds provide a cost-effective source of capital for foreign institutions seeking to expand in international markets.

The issuers of panda bonds now span a diverse array of organizations, including international development institutions, foreign governments, overseas financial entities, and non-financial corporations. These issuers cover all five continents: Asia, Europe, Africa, North America, and South America.

In recent years, the panda bond market has experienced rapid development and emerged as one of the key drivers of RMB internationalization. Over the first four months of this year, the total issuance of panda bonds reached 62.2 billion yuan (8.6 billion U.S. dollars), continuing to demonstrate its strong growth and momentum.

China welcomes more LAC countries to issue panda bonds: central bank governor