Briefly

PBOC injects liquidity via reverse repos

China's central bank on Thursday conducted a total of 2 billion yuan ($281.29 million) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2 percent, according to the People's Bank of China. The move aims to keep liquidity stable in the banking system, the central bank said.

JAC sees vehicle sales up in September

Chinese automaker Anhui Jianghuai Automobile Group Corp Ltd registered a year-on-year increase of 13.82 percent in unit sales for September, the company said. JAC sold 47,700 vehicles last month, bringing total sales for the first nine months up to 371,700.

Xinhua - China Daily