The agreement allows the two central banks to swap 150 billion yuan (22.3 billion U.S. dollars) for 21 billion Swiss francs, the People's Bank of China
(PBOC) said on its website.
The move is aimed at providing liquidity for bilateral economic and trade exchanges while ensuring financial market stability, the PBOC said.
The agreement will be valid for three years and can be extended by mutual consent.
The two banks inked a 150-billion-yuan currency swap deal in July 2014.
A currency swap deal allows two institutions to exchange payments in one currency for equivalent amounts in the other to facilitate bilateral trade
settlements and provide liquidity support to financial markets.
Chinese Premier meets former Greek PM
Big year for China's military as PLA to celebrate 90th birthday
Hukou Waterfalls in N China enter summer flood period
Airbus makes 1st direct flight between China Off-White X Nike Air Vapormax Black UK , Portugal
Big year for China's military as PLA to celebrate 90th birthday
China's biggest automated cargo wharf to start operation by end of 2017
Hukou Waterfalls in N China enter summer flood period
Chinese research vessel "Kexue" conducts operation in South China Sea
BERLIN, Sept. 20 (Xinhua) -- Borussia Dortmund jump atop thestandings after beating Hamburg 3-0 while Hoffenheim bounced backfrom two goals down to edge
Mainz 3-2 at the 5th round inBundesliga on Wednesday.
The "BVB" oust Bayern Munich from the top spot as Shinji Kagawa,Pierre-Emerick Aubameyang and Christian Pulisic provided the goalsto ease
3-0 past Hamburg on the road.
From the kick-off Dortmund took the reins and ensured the firstchance of the game when Aubameyang headed Andrey Yarmolenko's tothe outside of the post with
16 minutes played.
The visitor's powerful performance paid off eight minutes laterwhen Shinji Kagawa tapped home the opener following a flicked onfree-kick from Yarmolenko.
Hamburg recovered from the early setback yet they were barleybale to threat Dortmund's defence in the first half.
Peter Bosz' men piled on the pressure after the restart anddoubled the lead midway through the second half as Yarmolenko'spinpoint cross past the goal found
Aubameyang Off-White X Nike Air Vapormax White UK , who tapped home the2-0 lead in the 63rd minute.
Dortmund kept it bowling and put the result beyond doubt asChristian Pulisic made it 3-0 on the scoreboards after capitalizingon a through ball from Mahmoud
Dahoud to slot past Hamburggoalkeeper Christian Mathenia into the far post
corner in the 79thminute.
With the result, Dortmund climb to the first place in thestandings meanwhile Hamburg suffered their third loss in a row toslump to 11th position.
Hoffenheim celebrated a 3-2 comeback victory over Mainz as MarkUth marked the decider in the dying seconds of the game.
Mainz grabbed a bright start into the encounter as Danny Latza'slong-range hammer broke the deadlock with just five minutesplayed.
The hosts gained momentum and doubled the lead after YoshinoriMuto danced through Hoffenheim's defence following a turnover toslot home the 2-0 lead from
close range in the 16th minute.
Hoffenheim needed seven minutes to recover from the double blowas Nadiem Amiri benefited on Eugen Polanski's pass into path todrill the ball into the top
left corner to reduce the arrears to2-1.
The visitors increased the pressure and got rewarded just beforethe half-time whistle as Sandro Wagner headed home a corner fromLukas Rupp to restore parity
in the 45th minute.
Mainz had two chances to grab the lead again but neither Latzanor Suat Serdar were able to overcome Hoffenheim goalkeeper OliverBaumann from promising
positions.
Hoffenheim had the last laugh in the dying minutes of the gameas Mark Uth made use of a chip into the box to beat Rene Adler andto snatch all three points
for the away team.
With the win, Hoffenheim returned to winning ways and climbed onthe 3rd place while Mainz dropped to the 15th place after sufferingtheir second straight loss.
Elsewhere Men's Nike Vapormax Pale Grey UK , Frankfurt edged Cologne 1-0 to seal the "Billy Goats"fifth loss in as many games. Hertha Berlin moved 2-1 past
BayerLeverkusen on goals from Matthew Leckie and Salomon Kalou and newlypromoted
Hannover shared the spoils with Freiburg following a 1-1stalemate. Enditem
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