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China's foreign exchange reserves rose to a six-month high of nearly .11 trillion by the end of December, supported by stronger exports and stable capital inflows amid the financial opening up , according to data released by the foreign exchange regulator on Tuesday.

China's foreign exchange reserves rose to a six-month high of nearly .11 trillion as of the end of December, supported by stronger exports and stable capital inflows amid the financial opening-up, according to regulators on Tuesday.

China's construction machinery manufacturing industry was confronted with a recession between 2012 and 2016, as market demand fell. After expanding for nearly two-years, the sector's growth started to slow last year.

China's current account surplus fell by around 1 percentage point to 0.4 percent of gross domestic product (GDP) in 2018 and it is projected to remain contained at 0.5 percent of GDP in 2019, the report noted.

China's once-expanding debt has been curbed under tightened governing measures and regulations, leaving more space for further financial opening-up and reforms, said Zhou Xiaochuan, the central bank governor, on Friday.