The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 3 pips to 6.7766 against the U.S. dollar Thursday, 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 6.7766 against USD Thursday
Chinese yuan strengthens to 6.7766 against USD Thursday
China opened 15 new international air cargo routes in September, adding 42 round-trip flights per week, the China Federation of Logistics and Purchasing (CFLP)’s air logistics division said on Sunday.
The newly launched routes included nine to Asia, four to Europe, and two to North America.
The cargo transported on the routes mainly included cross-border e-commerce goods, fresh food and agricultural products, electromechanical and electronic products, high-end manufactured goods, and consumer goods for daily use.
The flights are operated by nine airlines, eight of which are Chinese carriers.
According to CFLP’s air logistics division, China had opened a total of 130 new international air cargo routes as of September 30 this year, adding more than 334 round-trip flights per week.
China opens 15 new int'l air cargo routes in Sept
