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China's insurance regulator said on Monday it will intensify regulation of outbound and real estate investment, a move to prevent valuation risks abroad and guarantee the stability of the nation's foreign exchange reserves.
China's economic and financial risks are on the whole manageable, Li said. "What China needs to do is to tackle both the symptoms and root causes and take effective measures to defuse potential risks."
China's new dual-circulation development pattern will not only help protect the Chinese economy from the volatility of external markets but also drive future economic development in a more balanced and sustainable way. For foreign investors, these manifest a sign of reassurance of China's strong recovery potential and future sustainable growth, according to Merlin Swire, chairman of Swire Pacific Ltd.
China's foreign exchange reserves, the largest in the world, expanded to .1646 trillion in August, the fifth consecutive month of growth, as strong economic resilience and high-level opening-up measures bolstered momentum, experts said.
China's consumer price index rose 2.5 percent in September from a year earlier, accelerating for a fourth consecutive month, with food prices jumping the most since February, according to the National Bureau of Statistics.
来源：资阳报