Briefly 2026-04-22    

Digital reading works top 70 million titles

China's total digital reading works surpassed 70 million titles by the end of 2025, up more than 11.8 percent from a year earlier, according to an industry report released on Monday. The growth rate accelerated from the previous year, indicating a strong and sustained supply of digital reading content in China, according to the 2025 National Report on Digital Reading.

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 54 pips to 6.8594 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.