Your daily briefing on China

Source: Xinhua| 2017-10-09 17:22:26|Editor: Zhou Xin
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Hi, here's what you should know about China for the past 24 hours.

BEIJING -- China's forex reserves rose for the eighth month in a row in September as pressure of capital outflow eased, data from the central bank showed Monday.

Forex reserves had amounted to 3.1085 trillion U.S. dollars by the end of September, increasing 16.98 billion dollars from a month earlier.

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JIUQUAN, China -- China launched Venezuela's remote sensing satellite, VRSS-2, into a preset orbit from the Jiuquan Satellite Launch Center in northwest China's Gobi desert at 12:13 on Monday. The VRSS-2 was the third satellite jointly launched by China and Venezuela.

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BEIJING -- Chinese President Xi Jinping on Monday called on enhanced and solid efforts to win the battle against poverty.

Xi, also general secretary of the Communist Party of China Central Committee, gave the instruction ahead of the fourth National Poverty Relief Day.

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BEIJING -- China will become the world's largest production base for display screens as early as 2019 as money flows into assembly lines, industrial associations have said.

Investment in assembly lines planned or under construction for producing display screens for TVs, computers, smartphones and other devices has reached 800 billion yuan (around 120 billion U.S. dollars).

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WASHINGTON -- In their first Law Enforcement and Cybersecurity Dialogue earlier this week, China and the United States pledged to produce stronger and closer bilateral cooperation in counter-narcotics, cybersecurity, repatriation and other fields.

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DUBAI -- Chinese tech firms have ramped up presence at the 37th Gitex Technology Week, the biggest Information and Communication Technologies (ICT) fair in the Middle East, which opened here Sunday.

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