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Advanced smart factories on the rise
China has built more than 7,000 advanced smart factories and become the world's largest intelligent manufacturing application base, according to the Ministry of Industry and Information Technology. Through sector-specific measures and a gradient cultivation approach, China has also established over 500 excellence-level smart factories.
Yuan weakens against greenback
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.0789 against the US dollar on Friday, according to the China Foreign Exchange Trade System.
Xinhua - China Daily
Today's Top News
- China's top legislature concludes standing committee session
- Thailand and Cambodia agree to temporary ceasefire
- NPC's 4th annual session slated for early March
- Civilizational links for a fairer world
- Manufacturing in China spurs global growth
- Taiwan lawmakers vote to pass motion to impeach Lai
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