Briefly

Yuan weakens against greenback

The central parity rate of the yuan weakened 14 pips to 6.7948 against the US dollar on Monday, according to the China Foreign Exchange Trade System.

Loan prime rates remain unchanged

China's one-year loan prime rate, a market-based benchmark lending rate, came in at 3 percent on Monday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5 percent, according to the National Interbank Funding Center.

XINHUA-CHINA DAILY