Briefly

PBOC adds liquidity via reverse repos

China's central bank conducted 86 billion yuan ($12.11 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Tuesday. The move aims to keep liquidity reasonable and ample in the banking system, the People's Bank of China said.

Express delivery sector sees robust growth

China's express delivery sector registered rapid expansion in both business volume and revenue in May, amid a steady recovery of the economy and faster consumption growth in particular, said the State Post Bureau. The sector handled 14.78 billion parcels last month, reaching a historical high for monthly business volume.

China Daily - Xinhua