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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 newly-introduced tax cuts and fee reductions have saved businesses 1.17 trillion yuan in the first half of this year, the STA said. The private sector has gained the most from the reforms, with 671.2 billion yuan of taxes reduced during the first six months.
China's consumer trend index (CTI), released by Nielsen, a global measurement and data analytics company, increased further in the first quarter of this year as the economy continued to stabilize, a new report said on Friday.
China's foreign trade saw fast growth in the first three quarters, the report said.
China's financial institutions, which are also "going global", have benefited, said Zhou.
来源：资阳报