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China's exports of epidemic prevention and control supplies surged sharply between January and June. Its textile exports, including face masks, rose 32.4 percent year-on-year. In the meantime, exports of medical materials and medicines jumped 23.6 percent and those of medical equipment and devices rose by 46.4 percent, the customs authority said.
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 still largely controlled by the state due to concerns over abrupt capital flows in and out of the country.
China's large population and stable economic growth have provided great room for development of enterprises from all over the world, the NBS said. "More and more enterprises from the developed economies have entered the China market and made huge profits and strengthened cooperation with the Chinese side."
China's economy grew better than expected in the first quarter and market confidence was raised in an outstanding way, according to a statement from a meeting presided over by President Xi Jinping on Friday.
China's drive to dominate the electric vehicle market has claimed another overseas target.
来源：资阳报