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Yan Se, an associate professor with the Guanghua School of Management at Peking University, said in addition to the policy measures to support consumption and infrastructure investment, the central government has notable flexibility in applying fiscal and monetary tools to keep the economy stable amid global fluctuations.
Although the external environment still shows lots of uncertainties, the stable fundamentals of China's economy will provide solid foundation for the steady operation of China's forex market, said Wang.

"This year marks the 40th anniversary of China's reform and opening-up policy, during which China has witnessed economic revolutions and changes. Today the size of China's economy is 34 times of that in 1978," he added.
China has become the main stabilizer and power source for global economic growth, with significant contributions to the promotion of world peace and development, the Chinese ambassador noted.
The remarkable achievements of the BRI in the first five years show it aligns with the interests of both China and the other participating countries, Julio Rios, a senior expert at the Galician Institute of International Analysis and Documentation, a Spanish think tank, said.
来源:资阳报