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China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is largely run by the state in an effort to control capital flows in and out of the country.
China's imports and exports with South Asian countries totaled 140.1 billion yuan in 2018, up 10.5 percent year-on-year.
China's imports and exports were down 9.6 percent year-on-year to 4.12 trillion yuan (0 billion) in the first two months of this year, mainly due to the impact of the global pandemic, according to the General Administration of Customs.
China's move to raise tax rebates on some exports is expected to ease the burden on the real economy and stabilize foreign trade growth to cope with complicated global scenarios, particularly trade frictions, according to analysts.
China's latest semiconductor policies will offer a golden opportunity for the chip industry to pursue high-quality development and motivate companies to achieve breakthroughs in crucial technologies, experts said on Wednesday.
来源：资阳报