Chinese yuan strengthens to 6.7138 against USD Friday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened nine pips to 6.7138 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by two 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.

With construction and setup underway across venues for the upcoming China International Import Expo (CIIE) in Shanghai, an AI agent based on multi-agent orchestration has been introduced for telecommunications support at the event.

The AI agent enables 24/7 uninterrupted monitoring of CIIE venues, transforming the traditional model of network support for major events — which relied on manual screen monitoring, on-site inspections and experience-based handling — and shifting telecommunications services from "post-incident repair" to "pre-incident early warning."

We found that crowds tend to gather in the consumer goods area and the agricultural food area. In the past, we would have on-site staff conduct inspections and back-end personnel make adjustments, which took at least 30 minutes to resolve. Now, with the AI agent, we can adjust network resources in real time," said Dai Gaojie, head of mobile network support for Shanghai Telecom at CIIE.

This year, 1,400 latest-generation Wi-Fi 7 devices have been upgraded and installed across CIIE venues, enabling full 5G-A 10-gigabit network coverage capable of supporting up to 200,000 users online simultaneously, meeting the demands of scenarios such as HD live streaming and online business negotiations.

The CIIE, one of the world's largest trade fairs, will host its 9th edition from November 5 to 10 at the National Exhibition and Convention Center (Shanghai).