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China saw generally balanced cross-border capital flows in the first half, while sound economic fundamentals and improving forex management could help the nation better manage capital outflows, the foreign exchange regulator said on Thursday.

China started to allow banks to issue large-scale CDs in June 2015, in a step toward interest rate liberalization, which was basically completed in October 2015 with the removal of the deposit rate upper limit.

China is willing to work with Thailand to implement the consensus reached by leaders of the two countries and push their comprehensive strategic cooperative partnership to reach a new stage, Wang said.

China plans to build a factory that can turn 1 million metric tons of low-rank coal into clean fuel per year.

China registered the first quarterly current account deficit in 17 years in this year's first quarter. Such a deficit is when imports exceed exports. The deficit was .2 billion, compared with a surplus of .4 billion a year ago. But the market seems to have fewer concerns over China than other emerging markets. This is because of China's stable macroeconomic conditions and its record of successful control of capital flight, although Sino-US trade tensions may increase uncertainties in the financial sector, according to economists.