Central bank injects $1.54b into market

The People's Bank of China, the central bank, on Wednesday conducted 10 billion yuan ($1.54 billion) of reverse repos to maintain reasonably ample liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2.2 percent, according to a statement on the PBOC website.

Shanghai to host 4th CIIE as scheduled

The 4th China International Import Expo will be held as scheduled in Shanghai from Nov 5 to Nov 10, said Sun Chenghai, deputy director-general of the CIIE Bureau. Nearly 160 exhibitors have already confirmed their participation at the expo, officials said during the CIIE exhibitor alliance council conference held in Shanghai on Wednesday. The expo will feature corporate and business exhibitions, the Hongqiao International Economic Forum, and a national exhibition.

China Daily - Xinhua