Briefly

Anhui's pilot FTZ H1 trade robust

The pilot free trade zone or FTZ in East China's Anhui province generated foreign trade of 95.93 billion yuan ($14.2 billion) in the first half of this year, up 28.5 percent year-on-year. Foreign direct investment in actual use in the pilot FTZ reached $110 million, according to the administration office of China (Anhui) Pilot Free Trade Zone.

Reverse repos add 2b yuan to system

The People's Bank of China, the country's central bank, on Thursday conducted 2 billion yuan ($295.7 million) of seven-day, 2.1 percent reverse repos to maintain stable liquidity in the banking system. 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.

Xinhua - China Daily