Briefly

Software, IT sector maintains vigor

China's software and information technology sector sustained stable growth in the first four months of this year, with revenue from software-related business up 10.8 percent year-on-year, official data showed.

PBOC conducts reverse repos

China's central bank on Tuesday conducted 10 billion yuan ($1.5 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.

Xinhua