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Eastern Chinese provinces step up disaster prevention efforts for typhoon Co-May

China

China

China

Eastern Chinese provinces step up disaster prevention efforts for typhoon Co-May

2025-08-02 16:13 Last Updated At:17:17

Local authorities in eastern Chinese provinces have stepped up their disaster prevention efforts, carrying out inspections, monitoring of disaster-prone areas and evacuating residents from dangerous places as typhoon Co-May unleashed torrential rains across the region.

Co-May, the eighth typhoon of this year, made landfall for the second time in Shanghai on Wednesday afternoon after it made landfall in the eastern province of Zhejiang early on Wednesday morning, according to the Shanghai central meteorological observatory.

The typhoon has brought strong winds and heavy rainfall to parts of eastern China.

Due to the impact of the typhoon, Taihu Lake, one of China's largest freshwater lake, braced for its "No.1 flood" this year, with the water level rising to the warning level of 3.8 meters at 04:25 on Saturday.

The country's Ministry of Water Resources has been closely monitoring the situation in the Taihu Lake basin and made arrangement and preparation in flood prevention in eastern provinces that the lake spans, including Jiangsu and Zhejiang.

Widespread rainfall swept across east China's Anhui Province on Friday as the typhoon entered the province Thursday evening.

Local authorities in the cities of Hefei, Xuancheng and Tonglin have implemented emergency measures, including suspending outdoor operations, securing outdoor facilities and temporarily closing tourist destinations.

In some mountainous areas, local governments have prioritized inspections of flood-prone zones, and evacuations of residents in dangerous areas.

Eastern Chinese provinces step up disaster prevention efforts for typhoon Co-May

Eastern Chinese provinces step up disaster prevention efforts for 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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