A colorful head of a terracotta warrior depicting a military officer was unearthed Wednesday in Xi'an City, northwest China's Shannxi Province, marking a rarity of the half-century unearthing of the tomb of Emperor Qinshihuang.
The unearthed terracotta figure was found with several parts of its body broken off, but its colors remained fresh under the protection of silt.
The head of the figure is now under repair after being put into a humidity control box, which helped it gradually adapt to the outside environment.
It was well preserved with the painted face remaining pink, the most typical face color of terracotta warriors, and the black and the white parts of its eyes remaining fresh.
The archeologists cleaned the sands off the terracotta warrior's head and sprayed solution onto its surface to prevent the painted portion from further peeling off.
The terracotta figure was found wearing a headpiece consisting of two small planks, signaling its identity as a middle ranking officer, but its exact identity remains unclear until more relics being unearthed to support the assumption.
Rare terracotta warrior head unearthed from tomb of Emperor Qinshihuang
China will cut reserve requirement ratios (RRRs) and interest rates this year in line with domestic and international economic and financial conditions as well as the performance of financial markets, the country's central bank governor said Thursday.
"The current average RRR for financial institutions stands at 6.6 percent, leaving room for further reductions. Moreover, there is room for cutting the interest rates of structural monetary policy tools, namely, the funding that the PBOC provides to commercial banks," Pan Gongsheng, governor of the People's Bank of China (PBOC), said at a press conference on the sidelines of this year's "two sessions" in Beijing.
He pledged to increase financial support for key strategies, priority areas, and vulnerable sectors.
"We will further expand the size of re-loans for sci-tech innovation and technical upgrades, so as to extend the coverage of policy support. Additionally, we will use various structural monetary policy tools in a well-conceived way, and guide financial institutions to intensify support for areas such as technology finance, green finance, inclusive finance for micro and small enterprises, and pension finance," Pan said.
On the exchange rate policy, the official said, "We will firmly give full play to the decisive role the market plays in exchange rate formation and work to ensure exchange rate flexibility. At the same time, we will enhance guidance over market expectations and resolutely guarding against the risk of exchange rate overshooting, while making sure that the exchange rate of renminbi remains generally stable at a reasonable and balanced level."
China to cut RRRs, interest rates in light of economic, financial conditions in 2025
China to cut RRRs, interest rates in light of economic, financial conditions in 2025
