Briefly

Renminbi weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 107 pips to 7.0830 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

High coal-bed methane output in Shanxi

North China's coal-rich province of Shanxi achieved a record coal-bed methane output of 9.1 billion cubic meters in the first eight months of this year, up 23.1 percent year-on-year, said the provincial statistics bureau. In recent years, Shanxi has established two major coal-bed methane production bases in the Qinshui Basin and the eastern edge of the Ordos Basin, taking the lead nationwide in coal-bed methane development.

Xinhua - China Daily