China's pioneering scientific research vessel, Tansuo 3, with exclusive independent intellectual property rights, arrives at the Nanshan Port Public Scientific Research Pier in Sanya's Yazhou Bay Science and Technology City on Dec 29. (Provided to chinadaily.com.cn) The groundbreaking scientific research vessel Tansuo 3, also known as Exploration 3, marked its debut at the Nanshan Port Public Scientific Research Pier in Sanya Yazhou Bay Science and Technology City, Hainan province on Sunday morning. This vessel, heralded for its completely independent intellectual property rights and specialized for deep-sea exploration on a global scale, made a grand entrance, setting a new standard in maritime innovation. Upon its commissioning, Tansuo 3 is primed to kick off regular scientific research missions, deep-sea equipment trials, and underwater archaeological endeavors in the South China Sea during the first half of the upcoming year. This will be facilitated by the manned deep-sea submersible, Shenhai Yongshi or Deep-Sea Warrior, according to the Sanya-based Institute of Deep-sea Science and Engineering. The latter part of 2025 will witness its manned deep-sea diving operations in the profound oceanic depths. Tansuo 3 boasts a length of 104 meters, a full load displacement of about 10,000 tons, a top speed of 16 knots, ice reinforcement for PC4 conditions, an 80-member crew, and a range spanning 15,000 nautical miles. It showcases independently controllable pivotal technologies encompassing overall ice ship design, intelligent control systems, low-temperature precise compensation mechanisms, and integrated structures for ice and heavy load handling. The vessel is outfitted with locally manufactured scientific research gear tailored for operations in icy zones. Commencing construction in June 2023 and culminating in November 2024 after an 18-month endeavor, Tansuo 3 signifies a pioneering ice-breaking vessel, equipped for deep-sea scientific exploration, manned deep diving, engineering tasks, underwater archaeology, and swift response actions. This heralds a new chapter in the top-notch development of the Hainan Free Trade Port, aspiring to pioneer technological innovation across terrestrial, marine, and aerial domains. On June 28, 2020, Tansuo 2, China's leading mother ship for manned submersibles, equipped with domestically produced scientific research gear and capable of diving to depths of 10,000 meters, was welcomed at the Nanshan Port. On July 1, 2024, China inaugurated its first public science and archaeology pier, the Nanshan Port Public Scientific Research Pier, the Nanshan Port Public Science and Archaeology Pier, initiating trial docking operations. This pier is designed to cater to the mooring needs of China's foremost scientific research vessels, including the recent addition of Tansuo 3. The integration of Tansuo 3 is poised to enhance China's deep-sea and polar exploration efforts, leveraging deep-diving capabilities and comprehensive operations.
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By Wayne Cole SYDNEY (Reuters) - Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. Volumes were light with the New Year holiday looming and a rather bare data diary this week. China has the PMI factory surveys out on Tuesday, while the U.S. ISM survey for December is due on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, but is still 16% higher for the year. Japan's Nikkei eased 0.2%, but is sitting on gains of 20% for 2024. South Korea's main index has not been so fortunate, having run into a storm of political uncertainty in recent weeks, and is saddled with losses of more than 9% for the year. It was last off 0.35%. S&P 500 futures and Nasdaq futures were both off 0.1%. Wall Street suffered a broad-based sell off on Friday with no obvious trigger, though volumes were just two-thirds of the daily average. .[.N] The S&P 500 is still up 25% for the year and the Nasdaq 31%, which is stretching valuations when compared to the risk-free return of Treasuries. Investors are counting on earnings per share growth of just over 10% in 2025, versus a 12.47% expected rise in 2024, according to LSEG data. Yet yields on 10-year Treasuries are near eight-month highs at 4.631% and ending the year around 75 basis points above where they started it, even though the Fed delivered 100 basis points of cuts to cash rates. "The continued rise in bond yields, driven by the reassessment of less restrictive monetary policy expectations, creates some concern," said Quasar Elizundia, a research strategist at broker Pepperstone. "The possibility that the Fed may keep restrictive monetary policy for longer than expected could temper corporate earnings growth expectations for 2025, which could in turn influence investment decisions." Bond investors may also be wary of burgeoning supply as President-elect Donald Trump is promising tax cuts with few concrete proposals for restraining the budget deficit. Trump is expected to release at least 25 executive orders when he takes office on Jan. 20, covering a range of issues from immigration to energy and crypto policy. Widening interest rate differentials have kept the U.S. dollar in demand, giving it gains of 6.5% for the year on a basket of major currencies. The euro has lost more than 5% on the dollar so far in 2024 to last stand at $1.0429, not far from its recent two-year trough of $1.0344. The dollar held near a five-month top on the yen at 157.71, with only the risk of Japanese intervention preventing another test of the 160.00 barrier. The strength of the dollar has been something of a burden for gold prices, though the metal is still 28% higher for the year so far at $2,624 an ounce. [GOL/] Oil has had a tougher year as concerns about demand, particularly from China, kept a lid on prices and forced OPEC to repeatedly extend a deal to limit supplies. [O/R] Brent fell 37 cents to $73.80 a barrel, while U.S. crude lost 17 cents to $70.43 per barrel. (Reporting by Wayne Cole; Editing by Shri Navaratnam)
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BELGRADE, Dec. 28 (Xinhua) -- A traditional holiday gift-giving campaign in Serbia's western city of Uzice brought joy to around 80 children on Friday. The event benefited children without parental care, those from foster families, and children from low-income households. Held at the Uzice City Cultural Center, the event was organized by the city's non-profit "Teta Mrazice" (Aunt Santas) in collaboration with the Center for Social Work, the Red Cross of Uzice, and local donors. For the first time, Chinese firm PowerChina joined the event. The company, currently responsible for constructing the Uzice bypass, contributed gifts in the festivities. Wu Shiguang, a manager at PowerChina, extended wishes to the children for good health and happiness. "Through this collaboration, we hope to bring warmth and happiness to children during the holiday season," Wu said, emphasizing the company's dedication to social responsibility. Uzice city officials expressed their commitments to the initiative in the coming years, with plans to expand support to more families.ARLINGTON, Texas (AP) — The roof at the home of the Dallas Cowboys opened without incident and will stay that way for a Monday night meeting with the Cincinnati Bengals. It was to be the first game with the roof open at AT&T Stadium since Oct. 30, 2022, a 49-29 Dallas victory over Chicago. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
