Briefly

Outright reverse repo operation conducted

The People's Bank of China, the country's central bank, conducted a 1.1-trillion-yuan ($157 billion) outright reverse repo operation on Thursday to maintain ample liquidity in the banking system. The operation was carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels and a maturity period of three months. As 1.1 trillion yuan of three-month outright reverse repos are set to mature in January, the latest move represents a rollover of the same amount.

Postal delivery volume increases in 2025

China's postal industry processed 216.5 billion delivery items in 2025, an increase of 11.5 percent year-on-year, according to data released at the 2026 national postal work conference on Wednesday. The courier sector alone handled 199 billion parcels, marking a 13.7 percent growth from 2024.

Xinhua - China Daily