Briefly

Cargo port sees surge in container traffic

Container throughput at Yangpu Port, the largest cargo port in Hainan Free Trade Port, reached 3.31 million twenty-foot equivalent units in 2025, up more than 65 percent from a year earlier, local authorities said. Foreign trade cargo accounted for 1.09 million TEUs, more than double the volume recorded in 2024, according to the transportation, port and waterway bureau of Yangpu economic development zone in Danzhou.

Yuan strengthens against greenback

The central parity rate of the yuan strengthened 20 pips to 7.0108 against the US dollar on Monday, 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