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China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.

China has become the largest investment market for Temasek Holdings in terms of net portfolio value and the Singaporean investment company will continue to invest in sectors like technology, life sciences and the consumer market in the country, a top company official said on Thursday.

China has become an important growth driver in world services trade in recent years. It has been the world's second-largest trader in services for six consecutive years, and its trade in services in 2019 reached 5.42 trillion yuan (3 billion), the Ministry of Commerce said.

China exported goods worth 11.86 trillion yuan (.71 trillion) in the first three quarters, up by 6.5 percent compared with the same period last year, according to the General Administration of Customs. At the same time, imports and exports of goods increased by 9.9 percent to 22.28 trillion yuan.

China asked the United States on Thursday to clarify media reports about a US official's meeting with major "Hong Kong independence" activists, urging it to stop sending "wrong signals" to the violent lawbreakers in the country's special administrative region.