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BEIJING - The People's Bank of China (PBOC), the country's central bank, continued to skip reverse repos on Tuesday.

BEIJING - Three local Chinese commercial banks joined a global payments innovation initiative Friday, bringing the number of Chinese banks involved to 16, the most in the world.

BEIJING - The central rural work conference was held in Beijing from Dec. 20 to 21, outlining the roadmap for the country's work related to agriculture, rural areas and rural people in the coming year.

BEIJING -- Beijing will launch three rail lines, including a driverless subway, on Saturday, the municipal transport commission announced Friday.

BEIJING - The central parity rate of the Chinese currency, the renminbi or the yuan, hit a new 20-month high against the US dollar on Friday.