Xinjiang sees 24.2% growth in foreign trade

The Xinjiang Uygur autonomous region registered a foreign trade of $3.3 billion in the first two months of this year, up 24.2 percent year-onyear. According to the Urumqi Customs, the region’s exports in the period hit $2.7 billion, up by 23.1 percent, while its imports were $560 million, up by 29.5 percent. Exports were mainly machinery and some labor-intensive products, while imports were mainly agricultural and resource products. Imports of agricultural products grew by 39.8 percent from the same period last year. exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. solar power plant with a total capacity of 200 megawatts of electricity in Nikopol city in Ukraine’s central Dnipropetrovsk region. ket expectations of about 14.5 trillion won. Revenue advanced 18.7 percent over the year to 60 trillion won in the quarter, surpassing 60 trillion won for the fourth consecutive quarter. — American Express, Discover, Mastercard and Visa — will stop requiring their clients’ signatures for most transactions later this month. The process will make signature, an old way of shop owners verifying identity of clients, gradually disappear. The change would apply to EMV cards, so-called “chip cards” originally created by Europay, Mastercard and Visa, which set a technical payment standard. The transition to EMV technology in the United States began in 2015, when merchants without EMV readers had to accept fraud liability for transactions. It triggered widespread complaints that chip transactions were