Yuan weakens against greenback
The central parity rate of the yuan weakened 66 pips to 6.8975 against the US dollar on Thursday, said the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan may rise or fall by 2 percent from the central parity rate each trading day.
Moves to safeguard rail transport artery
The Datong-Qinhuangdao Railway, which transports some 350 million metric tons of coal each year, has taken measures to safely operate an 8,460-meter-long mountain tunnel in Beijing's Yanqing district. The Jundushan Tunnel on the Jundu Mountains is a key passage in transporting coal out of coal-rich Shanxi province, and falls in the jurisdiction of Chawu Engineering Section. Its young workers in Tielucun Track Workshop have conducted meticulous inspections and repairs to usher in zero failures for 1,000 consecutive days, safeguarding this transport artery.