BEIJING ecco gtx australia , Nov. 6 (Xinhua) -- China continued to see a "reasonable" current account surplus in the first three quarters, while imports and exports both rose steadily, the country's foreign exchange regulator said Monday.
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 ecco toe tie australia , according to a SAFE report.
"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 www.eccoshoesaustraliaonline.com , but as the economy now stands on a firmer footing 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 cheap ecco shoes australia , 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 ecco shoes australia online , as long as they meet a set of technical, 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 ecco shoes australia ,000 units, data from the China Association of Automobile Manufacturers showed.
In the first 11 months, production and sales stood at 639,000 and 609,000 units respectively Men's Nike Air Max 95 Just Do It Orange Australia , up 49.7 percent and 51.4 percent from a year ago.
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