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New roads leading to Medog realize Xizang's long-held dreams

China

China

China

New roads leading to Medog realize Xizang's long-held dreams

2025-05-14 21:46 Last Updated At:22:07

Two roads leading to Medog County, nestled deep within the Himalayas of southwest China's Tibet Autonomous Region, have fulfilled the long-held aspirations of its local community.

At a relatively low average elevation of 1,200 meters, Medog in the city of Nyingchi, was once the last county in China without permanent road access. The place has much more moisture in its air than other place in the region, fostering year-round frost, rain, snow and heavy fog.

Facing the tough geography and climate, China's outstanding engineers, however, build roads through mountains and bridges over rivers. They also bored a 3-kilometer-long tunnel facing the magnificent, snow-capped Galongla Mountain, and set up long sections of shed tunnels to shelter their road from frequent avalanches.

The Medog Highway, the first highway leading to Medog with a total length of 117 kilometers, opened to traffic in October 2013 after more than 50 years of sincere efforts, connecting the county with Zhamog Township of Bomi County in Nyingchi.

According to statistics, since its opening, the highway has endured 652 continuous heavy rainfalls, 265 heavy snowfalls, 258 slope and subgrade collapses, 394 mudslides and 71 avalanches. Therefore, efforts to upgrade the highway have never stopped over the past decade.

In October 2022, construction of a second highway was completed. The second passageway to Medog is a 67.22-km highway connecting Pad Township in the city of Nyingchi and Medog County.

After the new highway was opened to traffic, the length of the road connecting the city proper of Nyingchi and Medog County was shortened to 180 kilometers from 346 kilometers, cutting travel time to four hours, and it only takes three hours to drive to Nyingchi Mainling Airport from Medog.

New roads leading to Medog realize Xizang's long-held dreams

New roads leading to Medog realize Xizang's long-held dreams

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China renews bilateral currency swap agreement with Türkiye

2025-06-14 06:27 Last Updated At:07:17

The People's Bank of China (PBOC), the country's central bank, has renewed a bilateral currency swap agreement with the Central Bank of the Republic of Türkiye.

The total value of this agreement is 35 billion yuan (about 4.88 billion U.S. dollars), or 189 billion Turkish lira, the PBOC said in a statement on its website on Friday.

The agreement is valid for three years and can be renewed upon mutual consent, according to the statement.

Meanwhile, the two sides have also signed a memorandum of understanding to establish a yuan clearing arrangement in Türkiye.

These arrangements mark a new stage in China-Türkiye financial cooperation and are expected to facilitate the use of local currencies by enterprises and financial institutions of both countries for cross-border settlements, further promoting and facilitating bilateral trade and investment, the statement said.

China renews bilateral currency swap agreement with Türkiye

China renews bilateral currency swap agreement with Türkiye

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