The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 51 pips to 6.8147 against the U.S. dollar Tuesday, 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 6.8147 against USD Tuesday
China has stepped up efforts to promote the implementation of its multiple key marine ecological protection projects since the beginning of this year, with a balance between marine ecological protection and marine economic development.
In the waters off Weizhou Island in south China's Guangxi Zhuang Autonomous Region, coral colonies cultivated through ecological restoration projects have successfully achieved large-scale natural spawning for the first time this year. The milestone indicates that a complete ecological self-recovery system has been established in the artificially restored marine area.
Across the country, the pace of construction on major ecological projects, including the Blue Bay environmental improvement initiative and coral reef restoration efforts, has accelerated since the beginning of the year.
Meanwhile, pilot projects of the Harmonious and Beautiful Islands program have advanced steadily, with the first batch of 33 islands covered by the program taking shape as models of green landscapes, clean shores, clear waters and abundant marine life.
The improved health of coastal ecosystems is now fueling growth in emerging marine industries.
"From January to April, China's marine economy achieved innovation-driven and high-quality development. Marine passenger traffic and passenger turnover increased by 7.3 percent and 11.1 percent year on year, respectively. Several marine-derived medicines have also gained approval for clinical trials. Next, we will remain committed to protecting our country's blue seas and coastlines, and further strengthen the blue foundation for sustainable use of marine resources," said Meng Qinglei, deputy director of the Department of Marine Strategy, Planning and Economy at the Ministry of Natural Resources.
China achieves balanced development of marine ecology, economy
