Briefly

Cargo throughput at ports logs solid growth

Cargo throughput at ports in China rose steadily during the first four months of 2025, signaling continued resilience in the world's second-largest economy despite external uncertainties. The country's cargo throughput at ports totaled 5.75 billion metric tons during the January-April period, up 3.7 percent year-on-year, data from the Ministry of Transport showed. Container throughput, a leading gauge of trade health, increased 7.9 percent year-on-year during this period to reach 110 million twenty-foot equivalent units.

Yuan weakens against greenback

The central parity rate of the yuan weakened 21 pips to 7.1869 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. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Xinhua - China Daily