SCIO briefing on China’s economic performance in Aug.

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Speaker:
Liu Aihua, spokesperson of the National Bureau of Statistics

Chairperson:
Xi Yanchun, vice director-general of the Press Bureau, State Council Information Office

Date:
Sept. 14, 2017

Reuters:

Recently, the exchange rate of RMB has been appreciating significantly. What is the impact on China’s exports and macro economy? Thank you.

Liu Aihua:

Thank you for your question. I think the RMB appreciation reflects the fact that China’s economic development was progressing steadily with some improvement, and it has boosted the confidence in China’s economic fundamentals from home and abroad.

Based on this fact, I think China’s economy can maintain the current trend and seek further development. There will be more and more factors to support the further development of the economy, which will grow at a medium and even high speed with higher quality. The exchange rate of RMB will also maintain a reasonable growth rate. Thank you.