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Memorabilia of China's Tiangong space station development

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Memorabilia of China's Tiangong space station development

2024-12-30 22:14 Last Updated At:23:37

Since the completion of its in-orbit construction, China's space station Tiangong has evolved into a national space laboratory and is currently the largest, long-term manned space research platform in the country's space exploration.

Below is a timeline highlighting the key milestones in the construction and operation of the space station:

April 2021: China launched the first section of the Tiangong space station - the Tianhe core module cabin.

May 2021: China launched the cargo spacecraft Tianzhou-2, the first cargo ship sent into space in the key-technology verification phase of the space station.

June 2021: China launched the Shenzhou-12 spacecraft, sending three astronauts into space, marking the first time Chinese people entered their own space station.

The Shenzhou-12 crew completed its first space station extravehicular activities during its three-month journey in orbit.

October 2021: China launched the Shenzhou-13 manned spaceship.

During its six-month journey in orbit, the Shenzhou-13 crew conducted two extravehicular activities.

December 2021: The first live space class from the space station was held.

February 2022: Shenzhou-13 crew members became the first Chinese to spend the country's most important festival -- the Spring Festival -- in outer space.

June 2022: China launched the Shenzhou-14 manned spaceship.

July 2022: China launched Wentian, the first lab module of the space station.

September 2022: China's space station lab module Wentian completed in-orbit transposition.

The third live class from the space station was conducted by the Shenzhou-14 crew, marking the first science lecture from the Wentian.

July 2022: China launched the space lab module Mengtian, taking the construction of the country's space station Tiangong into final stage.

November 2022: Mengtian completed in-orbit transposition, marking the formation of the space station's basic T-shape configuration, representing a key step toward the completion of China's space station.

November 2022: China launched the Shenzhou-15 manned spaceship.

November 2022: The crew of Shenzhou-14 and three astronauts from Shenzhou-15 met at the space station, a historic gathering that marked the beginning of China's long-term presence aboard the station.

December 2022: China completed the construction of its space station.

May 2023: China launched the Shenzhou-16 manned spaceship.

September 2023: The fourth live class from the space station was held, during which a spherical flame experiment was conducted for the first time.

During its mission, the Shenzhou-16 crew conducted the first-ever radiation biology exposure experiment outside the space station.

October 2023: China launched the Shenzhou-17 manned spaceship.

November 2023: China released the first high-definition images of the completed space station.

During its mission, the Shenzhou-17 crew carried out the first-ever in-orbit maintenance of extravehicular facilities.

April 2024: China launched the Shenzhou-18 manned spaceship.

During its mission, the Shenzhou-18 crew conducted China's first in-orbit aquatic ecological research project.

October 2024: China launched the Shenzhou-19 manned spaceship.

December 2024: The Shenzhou-19 crew completed their first extravehicular activities.

Memorabilia of China's Tiangong space station development

Memorabilia of China's Tiangong space station development

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Significant progress made in clearing debts of financing platforms: PBOC governor

2025-03-06 23:22 Last Updated At:23:37

Significant progress has been made in clearing the debts of financing platforms with the central bank support, said the governor of China's central bank Thursday.

At a press conference on the sidelines of the third session of the 14th National People's Congress, Pan Gongsheng, governor of the People's Bank of China (PBOC), said many efforts have been made in recent years to achieve the goal.

"Significant progress has been made in clearing the debts of financing platforms. Along with relevant departments and local governments, the PBOC has implemented several effective measures to mitigate the debt risks of local financing platforms," said Pan.

Pan noted that in 2023, the central bank established a standardized and systematic debt statistical monitoring framework for financing platforms. Local governments and financial institutions regularly submitted debt data in both directions, enabling cross-verification. Additionally, in collaboration with the Ministry of Finance, strict exit standards and procedures for financing platforms were put in place.

"Through efforts of multiple parties, the debt risk of financing platforms has substantially diminished. By the end of 2024, compared with the beginning of 2023, approximately 40 percent of local government financing platforms had shed the financing functions through market withdrawal and transformation. The scale of operating financial debt for financing platforms stood at 14.8 trillion yuan (about 2 trillion U.S. dollars), marking a decrease of about 25 percent from the beginning of 2023," the governor said.

Among the operational financial debts, about three-fourths are concentrated in major economically developed provinces in the eastern and central part of China, and these provinces have strong debt-dissolving ability, Pan said.

Significant progress made in clearing debts of financing platforms: PBOC governor

Significant progress made in clearing debts of financing platforms: PBOC governor

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