Yuan strengthens against greenback

The central parity rate of the Chinese renminbi, or the yuan, strengthened 176 pips to 6.8982 against the US dollar on Tuesday, 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.

Measures help ensure holiday travel safety

Chinese railway operators have implemented multiple measures to bolster the safety of the 40-day Spring Festival travel rush, which started on Feb 2. Datong Train Operation Depot in Shanxi province activated its emergency response plan to battle cold weather, implementing 24-hour dynamic monitoring of weather changes and precisely deploying risk control measures at various stations under its jurisdiction. Internal coordination was strengthened in terms of transport scheduling and passenger services. So far, the travel rush in the depot has been smooth and efficient.

Xinhua - China Daily