Briefly

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 95 pips to 6.8579 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.

Beijing sees surging cross-border travel

Beijing had recorded more than 7 million border crossings in 2026 as of Sunday morning, representing a year-on-year increase of 13 percent, official data showed. This year, the number of exits and entries by foreign nationals at Beijing ports had surpassed 2.28 million as of Sunday morning, up 34 percent from the same period of 2025, according to the Beijing General Station of Exit and Entry Frontier Inspection.

Xinhua - China Daily