The current account surplus stood at 106.3 billion U.S. dollars in the first nine months, accounting for 1.2 percent of national GDP, according to the State
Administration of Foreign Exchange (SAFE).
The non-reserve financial account recorded a surplus of 60.8 billion dollars Taurean
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"The data suggests China's cross-border capital flow has further stabilized, and the foundation for a balanced international payment sheet would be more
solid," the report said.
There had been concerns over capital flowing out of the Chinese market in the second half of 2016, when the economy was facing downward pressure and the yuan
was in the middle of a losing streak against the U.S. dollar.
In January, China's forex reserves had plunged below 3 trillion U.S. dollars Spud
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and the yuan has continued to stabilize, the stockpile has increased steadily
since February.
China's forex reserves rose for the eighth month in a row in September to 3.1085 trillion U.S. dollars, the highest level since Oct. 2016.
China's economy continued steady expansion in the first three quarters, with growth at 6.9 percent year on year, above the government target of 6.5 percent
for 2017.
BEIJING Pete Maravich Authentic Jersey , Dec. 27 (Xinhua) -- China will continue to
waive purchase taxes on new energy vehicles (NEVs) for the next three years in
its latest attempt to encourage green transportation, an official statement said
Wednesday.
The tax incentive covers fully electric, hybrid and fuel-cell vehicles that have obtained sales permission in China, and the measure will be effective
through the end of 2020, the Ministry of Finance said in an online statement.
This was an extension of an existing purchase tax waiver that was rolled out in 2014 as part of measures to reduce emissions.
The country will add new NEV models to the list of cars eligible for the tax exemption Omari
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quality, safety and efficiency standards.
Thanks to favorable government policies, including subsidies and tax incentives, China's NEV market has seen rapid growth in recent years.
Sales of Chinese NEVs increased over 80 percent year on year in November to 119 Miles
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Automobile Manufacturers showed.
In the first 11 months, production and sales stood at 639,000 and 609,000 units
respectively Mike
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Automatic garage doors are good to own for a few reasons. For starters, there is no need to get out of the automobile during inclement weather so you can park
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Another style that has become popular is top to bottom automatic garage doorways. They are lovely within design and simple to install. When installed
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The vertical design offers many shades. Over 47 colours are available to brighten the house front. Choose from dark navy, orange such as the sun, red to
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The motor is the quietest possible. New technologies have been integrated to help calm the application. When one companion works late as well as the other
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Jane Rosario is a freelance writer who buy Nationwide items such as roller shutters, automatic garage doorway and Automatic garage doors to protect her
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Depending on your age, you possibly can or might not remember seeing your father wind his watch every night just before heading to bed. If he did not, he
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