Briefly

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 62 pips to 7.1934 against the US dollar on Wednesday, said 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.

Wholesale NEV car sales surge

China's new energy passenger vehicle market continued to see robust growth in November, with wholesale figures reaching 1.46 million units, industry association data showed. The figure marks a 51 percent year-on-year increase and a 6 percent jump from the previous month, according to the China Passenger Car Association.

Xinhua - China Daily