Briefly

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.1738 against the US dollar on 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 2 percent from the central parity rate each trading day.

Heilongjiang's ice and snow economy grows

The market size of the ice and snow economy in Northeast China's Heilongjiang province reached 266.17 billion yuan ($37.1 billion) in 2024, of which the output of ice and snow tourism was 182.33 billion yuan, the provincial bureau of statistics said. During the 2024-25 winter season, Heilongjiang received 135 million domestic and overseas tourists, up 18.5 percent compared with last year's winter season. Tourist spending also increased by 30.7 percent.

Xinhua - China Daily