Xi salutes PLA Guard of Honor at Victory Day parade in Moscow

Chinese President Xi Jinping stood to give his regards to the Guard of Honor of the Chinese People's Liberation Army (PLA) as they marched through Red Square during a military parade in Moscow on Friday morning local time.

The PLA Guard of Honor squad, comprising 119 officers and soldiers, participated in the grand parade at the Red Square marking the 80th anniversary of the victory in the Soviet Union's Great Patriotic War (1941-1945).

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Xi salutes PLA Guard of Honor at Victory Day parade in Moscow

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Xi salutes PLA Guard of Honor at Victory Day parade in Moscow

Alongside Russian President Vladimir Putin, leaders from more than 20 countries and international organizations attended the event.

The Victory Day is one of the most ceremonious festivals in Russia, for which the country holds large-scale military parades in various cities involving tens of thousands of troops as well as most advanced weapons and military equipment.

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.