Hainan consumer products expo greets 1st public day

The ongoing fifth China International Consumer Products Expo (CICPE) in Haikou of China's southernmost island province of Hainan greeted its first public day on Thursday, drawing visitors with the latest sci-tech innovations and cutting-edge applications.

The expo had registered 150 billion yuan (about 20.4 billion U.S. dollars) in intended transactions between sellers and buyers as of Wednesday.

A further 52 project agreements were signed during three official matchmaking sessions, including 20 agreements at a special session dedicated to country-specific products.

The expo is the only national-level exhibition in China focusing on consumer goods. This year's event, running from April 13 to 18, has drawn record participation of over 4,100 brands across 71 countries and regions.

Hainan consumer products expo greets 1st public day

Hainan consumer products expo greets 1st public day

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar 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 U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday