日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China's forex supply, demand most balanced in three years: Official

Xinhua | Updated: 2017-07-21 09:32
Share
Share - WeChat

BEIJING — China's forex regulator said Thursday that the country was seeing its most balanced forex market supply and demand in three years due to improving economies at home and abroad as well as an intensified crackdown on irregularities.

The improvement in the domestic economy and business expectations helped stabilize China's cross-border capital flows in the first half of 2017, Wang Chunying, a spokesperson for the State Administration of Foreign Exchange, told a press conference.

Commercial banks bought 999.5 billion yuan (about $148.1 billion) worth of foreign currency in June, and sold 1.14 trillion yuan, resulting in a net forex settlement deficit of 142.5 billion yuan, according to the administration. The deficit for the first half of the year fell 46 percent year-on-year to $93.8 billion.

Wang expects the cross-border capital flows to stay stable in the future.

She said the impact of the US Federal Reserve's interest rate hikes on China's cross-border capital flows had diminished, expecting the risks of large-scale capital outflows from China to notably ease.

The government will continue to support authentic and rational outbound investment by Chinese businesses but will keep a close eye on overseas investment in sectors such as real estate, entertainment and athletic clubs, Wang said.

China will further improve its management system to facilitate cross-border investment and fund-raising, while guarding against risks, she said.

With China's outstanding external debt-to-GDP ratio of 13 percent at the end of 2016, well below the international warning line of 20 percent, the risks of China's external debts remained controllable, Wang said.

China has seen steady increases in the volume of its external debts for four consecutive quarters, with the total reaching $1.44 trillion at the end of March, up 1.2 percent from the end of 2016.

The official said that China's foreign exchange reserves were expected to remain stable as cross-border capital flows as well as the forex market supply and demand would become more balanced, following the country's improving economic development and financial market opening-up.

China's economy expanded 6.9 percent in the first half of the year.

"There is no doubt that the economy will reach the full-year growth target and continue to run within a reasonable range," Wang said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲一区二区三区深夜天堂 | 国产真实精品久久二三区 | 成人两性高清图片视频 | 综合精品 | 国产精品久久九九 | 免费久久99精品国产婷婷六月 | av在线毛片 | 婷婷色在线 | 国产精品1区2区3区 另类视频综合 | 日本国产网站 | 天天干天天操天天透 | 日韩免费 | 在线观看a视频 | 久久久激情视频 | 一道本视频在线观看 | 91大片 | 欧美精品综合 | 国产97免费视频 | 性欧美tube 精品 | 亚洲福利视频一区二区 | 日韩欧美国产一区二区 | 久久男人的天堂 | 国产大学生真实在线播放 | av黄色在线 | 久久精品小视频 | 国产亚洲美女精品久久久久 | 97超级碰碰碰在线播放 | 亚洲一级成人 | 91激情视频 | av在线网站观看 | 欧美色无极 | 亚洲 欧美 中文字幕 | 欧美视频区 | 国产一区二区三区不卡在线观看 | yy4138理论片在线大全 | 国内精品小视频福利网址 | 免费色在线 | 999久久久精品视频在线观看 | 日韩日b视频 | 三级视频全过程 | 亚洲午夜高清 |