(Source: CCTV-2 "Economic Information Broadcast" 2020-03-07)

Although the epidemic has had a certain impact on my country's economic operation, the global economy still has confidence in the Chinese market. Data released by the State Administration of Foreign Exchange on March 7 showed that the scale of my country’s foreign exchange reserves continued to remain generally stable. Data display, as of2020Year2At the end of the month, the scale of my country’s foreign exchange reserves was31067USD, down from the beginning of the year12USD, a decrease of0.04%. The SAFE stated that valuation factors such as exchange rate conversion and changes in asset prices were the main reasons for changes in the size of foreign exchange reserves that month. Taken together, my country's foreign exchange market has the foundation and conditions to maintain smooth operation.

Professor Tu Xinquan of the w88 casinomeans,“The most important reason is that the world economy or companies still have confidence in the Chinese market. Although they are also worried about the impact of the new coronavirus epidemic, they have also seen the positive effects of powerful measures. Many foreign-funded enterprises have not divested or transferred capital. On the contrary, some companies are further expanding their investments in China.”

Expert analysis shows that my country’s foreign exchange reserves will still have a stable foundation in the next stage. Enter3Since last month, the U.S. dollar index has fallen, expectations for RMB appreciation have increased, and international capital is optimistic about RMB assets. The continuous inflow of foreign capital and the continuous accumulation of positive factors will provide strong support for the stable and healthy development of our country's economy. Professor Tu Xinquan further stated,“The stability of foreign exchange also provides strong support for our foreign exchange demand to further expand production. We can still further expand imports to meet the needs of the domestic market. Of course, the stability of the RMB exchange rate is also a very important positive factor for our enterprises to expand exports.”

AttachmentVideo news link:http://tv.cctv.com/2020/03/07/VIDEwRRK64LqajGOw2I90Oue200307.shtml。