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The Hong Kong Monetary Authority has tapped its yuan swap arrangement and will raise its yuan quota for cross-border trade settlement to about 20 billion yuan to satisfy the increasing demand.
Delegates at a conference in Hong Kong on Wednesday speak highly of China's role in fighting against global climate change.
China will continue reforms in its exchange-rate mechanism over the next few years and gradually realize capital account convertibility, said Zhou Xiaochun, the central bank governor, on Tuesday at a financial forum.
London commuters encountered a miserable day on Wednesday as staff on the subway network went on a 24-hour strike over job cuts.
China will further improve its investment environment to attract more foreign companies, Chinese Ambassador to the UK Liu Xiaoming said on Wednesday, six days before British Prime Minister David Cameron’s first China visit since taking office in May.
Only three banks’ investment income in the first three quarters saw an increase among all listed banks in China, National Business Daily reported on Wednesday.
The National Development and Reform Commission (NDRC) published a monitoring list on domestic food prices for October, showing that 80% of 31 food items saw prices increase.
The number of people living more than 100 years is increasing in Zaozhuang city, Shandong province.
The National Development and Reform Commission released last month's monitoring results for retail food prices, and 80 percent of food products have seen a month-on-month rise, the Chongqing Evening News reported on Wednesday.
China plans to set up a strategic reserves system for ten rare metals to keep their prices stable, while the Commerce Ministry is mulling year-by-year cuts of about 2 percent on its rare metal export quotas, two national securities newspapers reported on Wednesday.
The yuan will become one of the three major global settlement currencies in five years, the HSBC Group estimated, China Business News reported on Wednesday.
China's real estate tightening will continue into next year, an industry insider said at a forum on Tuesday.
