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Zhejiang steps up disaster mitigation against Typhoon Co-May

China

China

China

Zhejiang steps up disaster mitigation against Typhoon Co-May

2025-07-31 13:27 Last Updated At:14:07

Ningbo City in east China's Zhejiang Province has intensified drainage efforts to mitigate disasters caused by Typhoon Co-May, the eighth typhoon of this year, which made landfall in Zhejiang on early Wednesday morning.

The short-term torrential rains caused by the typhoon led to a rapid rise in the water level of the Yaojiang River. Multiple sections along the riverside roads in Yuyao City, under Ningbo's jurisdiction, were severely flooded, disrupting traffic.

Since Wednesday morning, the city's disaster relief authorities have mobilized efforts to carry out intensive drainage operations.

"We deployed mobile pump trucks for high-capacity drainage. Due to the large catchment area, the drainage process here is quite challenging," said Huang Bin, deputy director of the maintenance management center of an urban drainage company in Yuyao.

In Cixi, a county-level city in Zhejiang, some low-lying residential areas have experienced severe waterlogging, with the deepest point exceeding 30 centimeters.

Local disaster relief authorities have urgently deployed three water pumps to conduct continuous drainage operations.

According to the Central Meteorological Observatory of China, the storm is moving west-northwest at a speed of 10-15 kilometers per hour and is expected to enter east China's Anhui Province on Thursday night.

Zhejiang steps up disaster mitigation against Typhoon Co-May

Zhejiang steps up disaster mitigation against Typhoon Co-May

Zhejiang steps up disaster mitigation against Typhoon Co-May

Zhejiang steps up disaster mitigation against Typhoon Co-May

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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