“This year the tendency of the Chinese economy remaining stable while maintaining strong momentum is more pronounced, and market expectations are further stabilized. These have contributed to marked improvements in Chinas foreign exchange sector. Meanwhile, cross-border capital flow stays stable as a whole.”
– Pan Gongsheng, head of State Administration of Foreign Exchange, made the remarks at the 2017 meeting for banks and financial companies on August 17, 2017.
“According to incomplete statistics, lots of progress has been made in the implementation of outcomes since the FOCAC Johannesburg Summit. There are more than 600 projects in Africa that are either completed or underway, or have been signed to be implemented. The total value of these projects is over US $108 billion. They could directly create 209,000 jobs, and could contribute US $1.15 billion of tax revenue to African countries.”
– Chinese Ambassador-Designate to South Africa Lin Songtian made the remarks at a China-Africa media forum in Johannesburg on August 14, 2017.endprint