Yuan strengthens against greenback

The central parity rate of the yuan strengthened 148 pips to 6.9088 against the US dollar on Tuesday, 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.

Efforts help safeguard travel rush safety

Railway operators took precise measures to bolster safety of the 40-day Spring Festival travel rush, with some 539 million passenger trips via trains expected nationwide during the period. The Shuozhou Engineering Section in Shanxi province intensified line inspection and repair, prioritizing passenger trains and heavy-haul routes. Its staff members shortened rail-flaw detection cycles, promptly replacing any damaged equipment. They aim to lay a solid foundation for the safe and unimpeded operation of trains during the peak transportation period.

Xinhua - China Daily