Briefly 2026-10-21    

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 8 pips to 6.7200 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.

Railway safety awareness boosted

Chinese railway operators are intensifying efforts to raise safety awareness among the public in a bid to better safeguard freight transport. Staffers from the Jiexiu Business Office of Taiyuan Railway Logistics Center in Shanxi province partnered with railway police, visiting local unmanned aerial vehicle training bases and related enterprises in their jurisdiction to enhance publicity on UAV safety along railway lines. The related units were urged to standardize the operation of drones and prohibit illegal liftoffs, so as to prevent them from interfering with railway traffic, thus helping ensure safe and smooth railway freight transport.

XINHUA-CHINA DAILY