NEWS： China's cross-border capital flows stabilize market supply and demand balance
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Wang Chunying, a spokesman for the State Administration of foreign exchange, said Thursday that there are still many uncertainties in the international financial market, but the fundamentals of China's long-term economic growth remain unchanged, and the overall stability of China's foreign exchange reserves has a solid foundation.
In response to a reporter's question on the change of foreign exchange reserves in October, published on the official website of safe, she said that the fundamentals of China's long-term economic growth have not changed, the endogenous development momentum has been growing, and China has the ability to withstand various risks and challenges; China's cross-border capital flow has remained stable, the supply and demand of foreign exchange market has been basically balanced, and the scale of foreign exchange reserves has been rising steadily.
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