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Reserves of forex stay above $3t mark [Copy link] 中文

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Post time 2017-4-8 15:40:08 |Display all floors
A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. MENG ZHONGDE/FOR CHINA DAILY

For the second month in running, China's foreign exchange reserves rose slightly in March to steady above $3 trillion.

Analysts said the stockpile will remain stable at least in the short term as the economy stabilizes.

The reserves increased by $3.96 ...

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Post time 2017-4-8 15:40:09 |Display all floors
China economy will be more stable after achieving the set goals to transform from production to innovation base. The latter will drive and grow the economy better and path the way to a more diversified economy. Gradually and finally, it will transform into a complete open market economy allowing the best to compete for the top single place. It will see China as the real economic power as she does not depend on the few sectors for growth.

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Post time 2017-4-9 06:35:30 |Display all floors
Given significant share of tourism sector to world GDP, over 10 per cent, innovation in tourism sector should not be  ignored and underestimated

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