Renminbi loans grow in first 11 months

China's yuan-denominated loans rose 15.36 trillion yuan ($2.17 trillion) in the first 11 months of the year, according to the country's central bank. Of the total, household loans grew 533.3 billion yuan, while loans to enterprises and public institutions increased by 14.4 trillion yuan, the People's Bank of China said.

Intelligent equipment to ensure rail safety

Chinese railway operators are conducting a comprehensive upgrade of maintenance production lines so as to enhance rail transport safety. The Hudong Rolling Stock Depot in Shanxi province put into use a batch of advanced digital intelligent equipment, improving the efficiency and quality of freight wheel axle maintenance, and bolstering the safe operation of freight trains on the Datong-Qinhuangdao Railway. The line transports 350 million metric tons of coal a year. The upgrade not only focuses on the "hardware", but also deepens intelligent empowerment in the "software".

Xinhua - China Daily