Forex market remains steady in May

China's foreign exchange market remained generally stable in May despite continued volatility and adjustments in international financial markets, said the State Administration of Foreign Exchange. Foreign-related transactions remained active last month, with cross-border receipts and payments by enterprises, individuals and other nonbanking sectors totaling $1.5 trillion, up 22 percent year-on-year.

Moves taken to better safeguard rail safety

Chinese railway operators have bolstered measures to better safeguard the safety of rail transport and staff. Yuci Station, under China Railway Taiyuan Group, has asked its staff to efficiently handle flood prevention and personal safety, alongside high temperature protocols and other severe weather during the summer vacation period. Employees were told to take precautions against flooding by removing overhanging vegetation and clearing debris while prioritizing personal safety by launching accident-warning education for all. Watermelons, ice cream and bottled water were delivered to front line staff, while temporary shelters were built for outdoor workers to ensure their safety during thunderstorms, strong winds and rainfall.

XINHUA-CHINA DAILY