Loan prime rates remain unchanged

China's one-year loan prime rate came in at 3 percent on Monday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5 percent, according to the National Interbank Funding Center.

Rail logistics bolsters progress

Chinese railway operators have intensified efforts to boost logistics and energy supply. At Jiexiu Train Service Depot under China Railway Taiyuan Bureau Group, staff members of Wan'an Station have adopted a package of measures to keep fourth quarter freight volumes running at record levels, innovating shunting methods and refining operational routines. By clearing unloading bottlenecks, the station has received and dispatched an average of 9,000 carriages each month, letting its traffic mix and improve, while showcasing a well-ordered transport operation.

Xinhua - China Daily