China's Long March-10 carrier rocket succeeds in second static fire test

China's new-generation manned carrier rocket Long March-10 successfully completed a second static fire test on Friday at the Wenchang Spacecraft Launch Site in the southern island province of Hainan.

The move marks a breakthrough in developing the initial prototype of the Long March-10 series of carrier rockets, said the China Manned Space Agency (CMSA).

At 15:00 Beijing Time, seven engines used on the test product of the rocket's first stage were ignited simultaneously. Following this procedure, multiple test processes were completed, with a total test duration of 320 seconds.

This test focused on evaluating the capabilities of the seven clustered engines of the rocket's first stage for low-thrust operating condition and secondary restart condition, obtaining complete test data. The test was a complete success, according to the agency.

Up to now, two planned static fire tests have both been completed. They have comprehensively verified the design validity and reliability of the rocket's first-stage propulsion system and the working procedure for recovery, according to the CMSA.

The first such test took place on Aug 15, with the thrust scale reaching nearly 1,000 tons, marking the largest such test ever conducted in China.

The Long March-10 carrier rocket series is developed to serve China's manned lunar exploration missions, including two configurations -- the Long March-10 rocket and Long March-10A rocket.

The Long March-10 rocket is a type of three-stage rocket with two boosters. It has a diameter of 5 meters and a maximum height of 92.5 meters. It will undertake the launch missions of the manned spacecraft and the lunar lander. The Long March-10A is a type of two-stage reusable rocket, with a diameter of 5 meters and a maximum height of 67 meters. Its first stage can be recycled and reused. It will serve the launch missions of the Mengzhou manned spacecraft and Tianzhou cargo craft in the application and development phase of the country's space station.

China's Long March-10 carrier rocket succeeds in second static fire test

China's Long March-10 carrier rocket succeeds in second static fire test

China's Long March-10 carrier rocket succeeds in second static fire test

China's Long March-10 carrier rocket succeeds in second static fire test

As much as 37 percent of Americans saw their debt increase during this year's holiday shopping season, with average debt rising to 1,223 U.S. dollars from 1,181 dollars last year, according to the latest holiday debt survey of LendingTree, the nation's online loan marketplace.

The survey, conducted earlier this month among more than 2,000 U.S. consumers, found that rising tariffs and higher prices have put additional pressure on household budgets.

In a statement, LendingTree's chief consumer finance analyst Matt Schulz said the strain becomes more pronounced during the holiday season, as many consumers are reluctant to change long-standing shopping traditions, even as costs rise, leading to higher debt levels.

According to the survey, 63 percent of borrowers expect it will take three months or longer to repay their holiday-related debt, while about 41 percent said they are still paying off debt from last year. Schulz warned that if borrowers need six months to a year or more to repay their balances, the situation becomes more serious due to high credit card interest rates.

Data from Bankrate show that the average U.S. credit card interest rate currently exceeds 20 percent.

Meanwhile, U.S. consumers have grown increasingly pessimistic about their financial situation. Data released on Tuesday by The Conference Board showed that the U.S. Consumer Confidence Index fell for the fifth consecutive month in December, dropping to 89.1, the lowest level since April, amid deepening anxiety over jobs and income.

Over one-third of Americans rack up holiday debt: survey