Briefly

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 9 pips to 7.0816 against the US dollar on Monday, according to the China Foreign Exchange Trade System.

Inclusive loans to small firms rise

China's outstanding inclusive loans to small and micro businesses reached 36.5 trillion yuan ($5.2 trillion) by the end of the third quarter of 2025, up 12.1 percent year-on-year, according to data released by the National Financial Regulatory Administration. Specifically, outstanding inclusive loans for agriculture-related purposes stood at 14.1 trillion yuan by the end of Q3, an increase of 1.2 trillion yuan from the beginning of the year, the data showed. By the end of the third quarter, total RMB and foreign-currency assets of China's banking institutions reached 474.3 trillion yuan, up 7.9 percent from a year earlier.

Xinhua - China Daily