China's social financing grows by 28.6 trillion yuan in 10 months

China's social financing grew by 28.61 trillion yuan (about 4.28 trillion U.S. dollars) in the first 10 months of the year, the People's Bank of China said on Friday.

By the end of October, outstanding aggregate financing to the real economy, or social financing stock, stood at 469.16 trillion yuan, up 7.2 percent year on year.

M2, a broad measure of money supply that covers cash in circulation and all deposits, reached 359.06 trillion yuan, up 7.1 percent from a year earlier, the central bank's data showed.

The numbers show a reasonable growth of the country's aggregate financial volume, which provides a sound monetary and financial environment for sustained economic development toward new drivers, quality and improvement.

Outstanding yuan loans stood at 283.33 trillion yuan at the end of October, up 4.7 percent year on year. Within that, medium and long-term loans to the service sector excluding real estate grew 9.2 percent, while inclusive loans to micro and small businesses rose 6.9 percent, showing credit expanding at a reasonable pace with an improving structure.

China's social financing grows by 28.6 trillion yuan in 10 months

China's social financing grows by 28.6 trillion yuan in 10 months

Zi Rui and Ao Ke, two giant pandas featured in the Chinese television series Panda's Family, are seen lounging on opposite sides of a tree stump piled with bamboo shoots at a conservation base in southwest China.

Zi Rui sits on the left, holding a long shoot in her paws, while Ao Ke leans back across from her. Another clip shows him enjoying the bamboo on his own.

The footage was filmed on Oct 20 at the Dujiangyan base of the China Conservation and Research Center for Giant Panda in Sichuan Province and released on Nov 6 and 9.

Both pandas were born in 2023, Zi Rui in July and Ao Ke in August. Ao Ke is known for sticking close to his keepers, and fans have dubbed him the"best-looking" panda among the center's cubs born that year.

The two grew up together, though they are not siblings. Zi Rui's mother, Rui Rui, also cares for Ao Ke while his mother, Xian Xian, raises his twin brother Ao Ran in a program preparing him for possible release into the wild.

Wild training is one part of the center's work to breed and conserve giant pandas. It also collaborates with 18 zoos in 16 countries and regions, 39 animal care institutions in China and more than 10 research institutes.

Panda TV favorites share meal at tree-stump table