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The country's economy grew 6.9 percent year on year

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The country's economy grew 6.9 percent year on year
15-April-2018 05:37
BEIJING, March 9 (Xinhua) -- China's Ministry of Commerce said on Thursday that the country's trade outlook remains complex and grim despite strong rebounds in the first two months of the year.


The comments came after China unexpectedly posted its first monthly trade deficit in three years last month as imports rose higher than expected amid improving growth momentum at home, while export growth was weaker than expected, partly due to the festival season influence.


For the first two months, foreign trade in yuan-denominated terms grew 20.6 percent year on year, with imports up 34.2 percent, while exports climbed 11 percent, according to customs statistics.


Commerce ministry spokesman Sun Jiwen said the data for the first two months, usually distorted by seasonal factors, would not reflect the full-year trend.


Looking ahead, the country still faces a complex and grim trade outlook with growing uncertainties, Sun said at a press conference, adding that the trade challenges will remain for a while.


The country vowed to continue efforts to ensure that foreign trade continues to pick up and register steady growth in 2017, according to a government work report delivered by Premier Li Keqiang at the opening meeting of the annual session of China's top legislature on Sunday.


BEIJING Cheap Adidas Ultra Boost Blue , Jan. 7 (Xinhua) -- China's foreign exchange reserves rose for the 11th month in a row to 3.14 trillion U.S. dollars at the end of December, data from the central bank showed Sunday.


This marked the highest level since September 2016 Cheap Adidas Ultra Boost Triple Black , according to the People's Bank of China.


The reserves gained 20.7 billion dollars from a month earlier, faster than the market forecast Cheap Adidas Ultra Boost Black , which estimated the reserves to stand at 3.13 trillion dollars.


The State Administration of Foreign Exchange (SAFE) attributed the continued increase to stronger non-dollar denominated currencies and higher asset prices, while cross-border capital flows and transactions remained stable.


In January Cheap Adidas Ultra Boost Triple White , the forex reserves fell below 3 trillion dollars, but as the economy is on firmer footing and the yuan continues to stabilize Cheap Adidas Ultra Boost White , the stockpile has increased steadily since February.


The country's steady economic growth and improving momentum have kept cross-border capital flows more stable and balanced, the SAFE said on its website. The sound international balance of payments data supported the continued rebound in forex reserves.


Looking ahead Cheap Adidas Ultra Boost , the forex regulator said given the increasing stability and resilience of the economy, as well as further reform in the financial markets Cheap Ultra Boost Blue , China will keep its forex reserves and international balance of payments balanced and stable in 2018.


The country's economy grew 6.9 percent year on year in the first three quarters of 2017, above the government's annual target of around 6.5 percent.


Sunday's data also showed the country has kept its gold reserves unchanged from the year-start level of 59.24 million ounces in December Cheap Ultra Boost Triple Black , equivalent to 76.47 billion dollars.






OSLO, Feb. 14 (Xinhua) -- Norway's directorate for emergency communication said that one Indian IT worker had access to the state's public safety network for 14 months and some others for a shorter time, newspaper Aftenposten reported Tuesday.


Norwegian Minister of Justice and Public Security Per-Willy Amundsen had previously asked the directorate for an explanation of how subcontractor Broadnet could have given Indian IT people access that requires security clearance.


According to Amundsen, an error could have appeared in connection with outsourcing.


"Some rights have been given in the system that should not have been, and this was left hanging," the minister said.


In December the directorate received notice from its operator Motorola about a possible deviation from subcontractor's defined operating procedures during a debugging process.


Public broadcaster NRK has also recently reported the IT workers in India, who gained major accesses to the public safety network, had neither valid authorization nor necessary security clearance.


Police, ambulance, fire brigade and hospitals are among the important social functions that depend on functional safety network. The network is to enable fast communication in case of major accidents, natural disasters, police response and acts of terrorism.


The safety network is supposed to be critical infrastructure and vital to national security and should be safer than all other information channels. It is under the law on preventive security and should be operated from Norway.


NRK has seen documented evidence that showed the network being operated from India for a long time. In addition, several independent sources have also confirmed that this unauthorized and illegal access has undergone over time.


With this access, IT workers in India could have with ease shut down parts of the safety network, and the Norwegian authorities could not prevent this, since there is no cooperation between security authorities in Norway and India, NRK reported.


BUENOS AIRES, Jan. 17 (Xinhua) -- Qatari Nasser Al-Attiyah claimed his second Dakar Rally title after 9 Cheap Ultra Boost Black ,000 gruelling kilometers concluded in Buenos Aires here on Saturday.


Al-Attiyah dominated the car category for entire two-week rally. The Mini driver won the first stage but was handed down a time penalty for speeding in the link section, but he took the overall lead at the end of the second stage again and kept it until the end with five stage wins in all.


Also as the Olympic bronze medal winner in skeet shooting at the 2012 Olympic Games in London Cheap Ultra Boost Triple White , Al-Attiyah eventually added to his career another Dakar Rally win after winning the most prestigious rally on Earth in 2011.


"I'm delighted I've won the Dakar! It's fantastic be.
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