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China's cross-border capital flows are expected to remain stable this year given the relative positive external environment and strong economic fundamentals, a senior official with the nation's top foreign exchange regulator said on Thursday.

China's economy grew by 4.9 percent year-on-year in the third quarter. The country has been projected by major international organizations to be the only major economy to record growth this year. The International Monetary Fund forecast in its latest economic outlook that China's GDP will expand by 1.9 percent this year.

China's foreign exchange reserves, affected by the US interest rate hike in December 2015, fell by 3.8 billion in the fourth quarter of 2015. But the US interest rate hike in March had little effect on China's foreign exchange reserves, which dropped by only .4 billion in the first quarter.

China's home-sharing market is booming as Chinese consumers have started to pursue high-quality travel and value satisfactory accommodation, which has spurred the explosive growth of home-sharing service providers, experts said.

China's civil aviation authority announced a pilot plan to carry out direct luggage transfer services at 29 domestic airports across the country, a move to simplify boarding procedures and reduce transfer time for air passengers.