The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 12 pips to 6.7208 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 6.7208 against USD Monday
Multiple cutting-edge technology achievements were released on Sunday at the 2026 International Audio-Visual Arts Carnival in Shanghai, marking the conclusion of the event which ran from Sept 24 to Oct 18.
One of the achievements released at the gala is a platform for multilingual short drama and animation AI production and release. Leveraging AI large models and multilingual corpus resources, it allows users to create, translate, edit, review and distribute their contents.
An AI animated drama, "Lydia Meets the Greats", made on this platform was launched at the event as well.
The concurrently released "Audio-Visual Friendly Initiative" proposes upholding the humanistic concept of digital human rights, consolidating global digital inclusion through audiovisual friendliness, and fostering a sustainable global audiovisual ecosystem.
The event also saw the launch of the General Purpose Multimedia Interface (GPMI) whose development was led by China.
With GPMI, multiple media devices can be connected, which not only permits two-way data transmission but also can provide power. This innovative achievement will drive the development of Chinese standards to empower the global audio-visual industry.
Co-organized by the China Media Group (CMG) and the government of Shanghai Municipality, the International Audio-Visual Arts Carnival aimed to bring audio-visual technologies into public spaces and foster the integrated development of culture, commerce, tourism, sports, and exhibitions.
Multiple cutting-edge technology achievements released at Int'l Audio-Visual Arts Carnival
