On July 17, Li Bin, deputy director of the State Administration of Foreign Exchange, said at the press conference of the State Information Office that China's balance of payments is expected to maintain a basic balance in the future. China will insist on expanding domestic demand, vigorously boosting consumption, expanding effective investment, promoting balanced development of imports and exports, and maintaining a reasonable equilibrium level of support current account surpluses in the medium to long term. At the same time, China is steadily expanding its institutional openness and expanding the space for investment cooperation, and the scale of China's foreign assets will steadily increase.
Zhitongcaijing · 2d ago
Share
Listen to the news
On July 17, Li Bin, deputy director of the State Administration of Foreign Exchange, said at the press conference of the State Information Office that China's balance of payments is expected to maintain a basic balance in the future. China will insist on expanding domestic demand, vigorously boosting consumption, expanding effective investment, promoting balanced development of imports and exports, and maintaining a reasonable equilibrium level of support current account surpluses in the medium to long term. At the same time, China is steadily expanding its institutional openness and expanding the space for investment cooperation, and the scale of China's foreign assets will steadily increase.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending