BEIJING, Feb. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 124 pips to 6.3222 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.
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Wang Menghui, Minister of Housing and Urban-Rural Development, said at the news conference today that 'new urban construction' should be vigorously promoted, that is, the new urban infrastructure construction based on digitalization, networking and intelligence. Accelerate the construction of the national, provincial and municipal urban information model basic platform system, comprehensively promote intelligent municipal administration, smart community and intelligent construction, coordinate the development of smart cities and intelligent networked cars, and accelerate the landing of...
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BEIJING, Feb. 26 (Xinhua) -- China's fixed-asset investment in the transport sector totaled 143.57 billion yuan (about 22.67 billion U.S. dollars) in January, official data showed.The figure was up 0.1 percent year on year, according to data from the Ministry of Transport.In breakdown, highway investment reached 134.29 billion yuan last month, increasing 0.9 percent from a year earlier.Investment in inland waterways shrank by 5.1 percent to 4.46 billion yuan, while coastal waterway investment stood at 4.45 billion yuan, down 14 percent year on year, the data showed.
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BEIJING, Feb. 24 (Xinhua) -- China expects robust rigid demand for housing, the country's housing regulator said Thursday, with demand in the sector shored up by an influx of migrants to urban areas and people's desire for better housing.Over 11 million new jobs are created in urban areas every year, one factor that has generated rigid demand for housing in the country, Wang Menghui, minister of housing and urban-rural development, told a press conference.China is still in the stage of rapid urbanization, as indicated by the increase in population and the number of families in urban ar...
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BEIJING, Feb. 21 (Xinhua) -- Chinese researchers have developed a type of perovskite solar cells (PSCs) with high power conversion efficiency.PSCs can be generally classified into two categories, n-i-p devices and inverted p-i-n devices. The p-i-n PSCs can be produced at low temperature with good stability, and are compatible with crystal silicon cell to achieve the development of laminated cell, said Fang Junfeng, professor at the East China Normal University (ECNU).At present, the efficiency of n-i-p perovskite cells has reached 25 percent, while the maximum efficiency of inverted p-i-n devi...
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