Briefly

List for cross-border e-tail imports expands

China will further optimize the list of imported retail goods eligible for cross-border e-commerce starting from March 1, said the Ministry of Finance. The list will add a total of 29 product categories including ski equipment, tomato juice and golf gear, according to a statement jointly issued by the ministry and seven other departments. All the items included in the list have been in high demand by consumers in recent years, said Gao Lingyun, a researcher with the Chinese Academy of Social Sciences. "The adjustment will enrich domestic market supply, meet consumers' aspirations for a better life and provide more opportunities for overseas enterprises," Gao said.

Central bank conducts reverse repos

China's central bank on Wednesday conducted 200 billion yuan ($31.59 billion) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2.1 percent, according to the People's Bank of China. The move aims to keep month-end liquidity in the banking system stable, the central bank said. A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.

SF Airlines freighter fleet to top 70 planes

SF Airlines, China's largest air-cargo carrier, will see the size of its all-cargo freighter fleet exceed 70 aircraft by the end of this year, the airline said. Recently, the airline officially established its headquarters for western China at Chengdu Shuangliu International Airport, with a view to establishing a regional hub. It will provide the airline with its fourth regional hub following those in Beijing, Hangzhou, Zhejiang province and Shenzhen, Guangdong province. The steady expansion of aircraft capacity will create a good foundation for expanding the route network and building an aviation hub in the future, said SF Airlines.

Xinhua