Briefly

Digital readers reach 670m in 2024 in China

The number of digital readers in China reached 670 million in 2024, marking a 17.5 percent year-on-year increase, according to a report on digital reading released on Wednesday in Taiyuan, North China's Shanxi province.

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 42 pips to 7.2116 against the US dollar on Wednesday, 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 US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Xinhua - China Daily