China's foreign exchange market has demonstrated strong resilience since the beginning of this year, said the State Administration of Foreign Exchange (SAFE) on Tuesday.
Speaking at a press conference in Beijing, Li Hongyan, deputy head of the SAFE, said the country's foreign exchange market has already stabilized so far this year.
The Chinese yuan exchange rate has remained generally stable, transactions of foreign exchange market have been rational and orderly, and a basic equilibrium has been maintained in the balance of payments. In the future, China's foreign exchange market will have a better foundation and conditions to maintain stability, according to Li.
"Data of international receipts and payments via banks shows that in the first three quarters of 2024, in terms of U.S. dollars, receipts totaled 5.2594 trillion U.S. dollars, and payments reached 5.2566 trillion U.S. dollars, with a surplus totaling 2.8 billion U.S. dollars," she said.
China's forex market shows strong resilience: official
China's forex market shows strong resilience: official
Chinese Vice Premier Zhang Guoqing said Tuesday that China is willing to collaborate with all parties to ensure nuclear energy better supports the development and prosperity of all nations.
Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during the second Nuclear Energy Summit in Paris which he attended as Chinese President Xi Jinping's special representative.
Zhang said China has always adhered to a sensible, coordinated, and balanced nuclear security strategy proposed by President Xi and has made concrete contributions to promoting the global development of nuclear energy.
China is willing to work with all parties to jointly implement the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative and the Global Governance Initiative, and promote nuclear energy innovation-driven development, safety foundation building, industrial collaboration and win-win cooperation, so that nuclear energy can better benefit the development and prosperity of all countries, he said.
Zhang noted that China stands ready to join hands with all parties to make new contributions in building a clean, beautiful and sustainable world and a community with a shared future for humanity.
Heads of state, government leaders and senior representatives from over 30 countries, as well as heads of relevant international organizations, attended the summit and issued a joint statement titled "Safe and affordable nuclear energy for all."
Chinese vice premier calls for global nuclear cooperation
