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China's outstanding property loans were up 13.9 percent from a year earlier at 46.16 trillion yuan (about .59 trillion) as of the end of March, according to a report from the People's Bank of China (PBOC).

China's foreign exchange reserve will basically remain stable given the stabilizing economic growth prospect and the stable foreign exchange rate, the central bank said on Friday.Zhou Xiaochuan, governor of the People's Bank of China, said the country's foreign exchange reserve has been affected by international asset prices but there have not been any major changes in China's balance of international payments.The country saw its foreign exchange reserve drop to the level of trillion in January of last year and then it increased continuously over the past 12 months, according to Pan Gongsheng, vice-governor of the central bank and the head of the State Administration of Foreign Exchange.Pan said China's economic fundamental and foreign exchange rate will stay relatively stable and the country's foreign exchange reserve will also remain basically stable.

China's economy maintained steady growth in the first half of this year. With a robust growth of 6.8 percent for the Chinese economy in H1, China's GDP growth has stayed within the range of 6.7 to 6.9 percent for 12 straight quarters.

China's nonfinancial outbound direct investment in economies involved in the Belt and Road Initiative also surged 29.7 percent on a yearly basis to .02 billion in the first three quarters, helping sustain confidence in these markets to support their long-term economic growth, said the ministry.

China's move to raise tax rebates on some exports is expected to ease the burden on the real economy and stabilize foreign trade growth to cope with complicated global scenarios, particularly trade frictions, according to analysts.