Briefly

Beijing office market enjoys strong Q4

Beijing's office market saw its net absorption volume exceed 120,000 square meters in the fourth quarter, making it the sixth straight quarter of positive absorption, said a report by Colliers International, a global real estate services provider. The capital's office market performance last year has almost recovered to levels seen before the COVID-19 pandemic. The full year's net absorption jumped 275 percent year-on-year to 330,000 square meters.

Central bank conducts reverse repos

China's central bank conducted 24.8 billion yuan ($3.45 billion) of seven-day reverse repos at an interest rate of 1.5 percent on Thursday. The move aims to keep liquidity in the banking system at an adequate level, the People's Bank of China said.

Xinhua - China Daily