Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 6.7670 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.

Safe flow of energy rail corridor enhanced

Amid the country's efforts to strengthen coal transport rail safety, rail operators are launching new moves to better protect stable supplies in key energy corridors. Shentou Station under the Shuozhou Train Operation Depot of China Railway Taiyuan Group activated key contingency plans. As its dedicated rail line is located in areas with steep gradients — with long work distances and unstable rail foundations — efforts entail a triple control system involving human, material and technical defenses to guarantee absolute safety during shunting operations, thus helping bolster the safe and smooth operation of carrying coal out of coal-rich Shanxi province.

XINHUA-CHINA DAILY