On the New Year's Day, the Nanjing Hongshan Forest Zoo in east China's Jiangsu Province shared video of its newest koala joey, showing that the adorable creature has successfully peeked out of its mother's pouch.
Born on May 4, 2024, the sixth baby of the koala pair Wutong and Moli began life as a tiny joey, measuring just about two centimeters at birth.
Instinctively, the newborn would crawl into its mother's pouch, where it would spend around six months developing in a secure, nurturing environment.
On November 11, the joey -- affectionately nicknamed "Princess VI" by the zoo -- made its first full exit from the pouch to explore the outside world.
Now, nestled in its mother's arms, the joey has begun nibbling on eucalyptus leaves to strengthen its teeth, though its primary nutrition still comes from its mother's milk, said a zoo keeper.
The zoo is now inviting members of the public to help name this adorable addition to the zoo's animal family.
Zoo in east China's Nanjing shares video of its newest koala joey
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
