Briefly
Loan prime rate remains unchanged
China's one-year loan prime rate, a market-based benchmark lending rate, came in at 3.85 percent on Tuesday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from its previous reading of 4.65 percent, according to the National Interbank Funding Center.
Xi'an handles 3,004 Europe freight trains
Xi'an, the capital city of Northwest China's Shaanxi province, saw a surge in China-Europe freight train trips this year, the city government said. This year, the Chang'an China-Europe freight train service operated 3,004 trains till Sunday, 1.8 times that of the same period last year. During the period, the train service transported more than 2.3 million metric tons of cargo, 1.5 times that of the same period last year.
Xinhua
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