Briefly 2026-06-12    

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, also known as the yuan, weakened 20 pips to 6.815 against the US dollar on Thursday, said 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.

Railway workplace safety bolstered

Chinese railway operators are working to bolster workplace safety to safeguard rail transport. In accordance with the 2026 National Work Safety Month, Taiyuan Signal Depot — under China Railway Taiyuan Group — is advancing safety education, hazard identification and emergency drills to strengthen vulnerable areas and reinforce railway safety. While conducting specialized safety training in promoting work safety laws and regulations, it also called on staff to focus on key tasks such as on-site operations as well as flood, fire and disaster prevention. Emergency drills were carried out to improve staff emergency response capabilities.

XINHUA-CHINA DAILY