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China Daily | Updated: 2024-04-25 00:00
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Central bank adds liquidity via reverse repos

China's central bank conducted 2 billion yuan ($281.5 million) of seven-day reverse repos at an interest rate of 1.8 percent on Wednesday. The move aims to keep liquidity reasonable and ample in the banking system, the People's Bank of China said in a statement.

Shanxi coal-bed methane output rises 11.8% in Q1

Shanxi province extracted 3.07 billion cubic meters of coal-bed methane in the first three months, up 11.8 percent year-on-year, accounting for about 80.8 percent of the country's total, according to the provincial energy bureau.

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