Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 13 pips to 7.1418 against the US dollar on Tuesday, said the China Foreign Exchange Trade System.

Innovation extends life of grid equipment

Chinese power workers are making more innovations to extend the life of grid equipment and safeguard electricity supply safety. Staff members from State Grid Xuzhou in Jiangsu province have put a special cooling cover over power equipment in the city's downtown, with the "sunscreen coat "reducing surface temperatures by 15-20 C. Monitoring has shown that the innovative cooling film, through its advanced polymer design, can reflect up to 96 percent of incoming solar radiation. Inspired by films used on car windows, staff members pioneered its use for electrical assets.

Xinhua - China Daily