China’s current account surplus remains reasonable

China’s current account surplus remained in a reasonable range in the first three quarters of this year, the country’s foreign exchange regulator said Thursday.

The current account surplus stood at $109.8 billion in the first three quarters, accounting for 1.3 percent of GDP, according to the State Administration of Foreign Exchange (SAFE).

The non-reserve financial account recorded a surplus of $112.1 billion, compared with a deficit of $313.9 billion in the same period of last year, SAFE data showed.

A basic equilibrium in the balance of payments will continue due to stronger external demand, sound economic growth and opening up of the financial market, according to SAFE.

Reserve assets remained the world’s largest, with steady outbound and inbound

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investment.

As of the end of September, China’s external assets reached $6.8 trillion and NFL Football its external debts stood at $5.1 trillion, up 5 percent and 9 percent, respectively, from the end of last year.

Police crack serious drug cases,Custom Vikings Jersey detain more than 70 suspects

More than 70 suspects have been detained for illegally producing and dealing Custom Vikings Jersey drug-precursor chemicals, said the Ministry of Public Security Thursday.

Police of Linyi city in eastern China’s Shandong province detained 20 Personalized Minnesota Vikings Jersey suspects for illegally producing a precursor chemical named “2-Bromopropiophenone” in August, according to a ministry press release.

About 22 tonnes of chemicals and 30 tonnes of raw material were confiscated in the case.

Two prime suspects, surnamed Deng and Li, imported the raw material from Minnesota Vikings Italy, Jordan and Japan, and organized production in Shandong, before selling to downstream dealers nationwide.Men’s Nike Custom Made Minnesota Vikings Elite Purple Team Color NFL Jersey Cheap.

The case in Shandong led to the investigation and detention of 52 other suspects in Southeast China’s Jiangxi province and Northeast China’s Liaoning Minnesota Vikings province. A further 30 tonnes of precursor chemicals were
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Further investigation is underway.

Blake Griffin could return Friday Custom Vikings Jersey against the Lakers

While Blake Griffin practiced with the Clippers’ development league team Wednesday, teammates Jamil Wilson and C.J. Williams had been transferred to Custom Vikings Jersey the Agua Caliente Clippers of Ontario so they could participate in the session and so the two players on two-way contracts could preserve their precious remaining time with the team.

Griffin has missed 14 games recovering from a sprained medial collateral Personalized Minnesota Vikings Jersey ligament injury to his left knee that was suffered against the Lakers on Nov. 27.

The media was not allowed at the practice at the team’s practice facility in Playa Vista and there was no update on how Griffin fared. But Griffin is NFL Football scheduled to speak with the media before the Clippers practice Thursday.

Before the Clippers defeated the Sacramento Kings on Tuesday night at Staples Center, coach Doc Rivers said Griffin “actually could” play Friday night against the Lakers.Men’s Nike Custom Made Minnesota Vikings Elite Purple Team Color NFL Jersey Cheap/

“Will he play next game? He actually could,” Rivers said. “He’s that close. I didn’t say he would. I said he actually could.”

When Griffin was injured against the Lakers, the Clippers said he could be Minnesota Vikings out up to eight weeks.

Playing against the Lakers would mean Griffin would have been out just three-plus weeks.

Rivers said Griffin’s “work ethic” is outstanding and even he is amazed that his All-Star could come back sooner than the original timetable.
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Dak Prescott hopes to end rough Custom Vikings Jersey sophomore season “the right way”

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Dak Prescott vowed before the season not to have a “sophomore slump.” He’s had a sophomore slump anyway.

His record as a starter has fallen from 13-3 to 8-7.

He threw four interceptions last season. He’s thrown 13 this season, including four returned for touchdowns.

He threw for 3,667 yards last season despite not playing much in the regular-Personalized Minnesota Vikings Jersey season finale. He’s thrown for 3,146 this season.

He averaged 8.0 yards per attempt last season. He’s averaged 6.8 this season.

His passer rating has fallen from 104.9 last season to 86.7 this season.

“This year’s taught me how to deal with a lot of more adversity obviously Minnesota Vikings than last year did,” Prescott said, via Drew Davison of the Fort Worth Star-Telegram. “. . . Last year taught me how me how to deal
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The Cowboys were eliminated from the playoff race last week when they failed NFL Football to score a touchdown against a banged-up Seahawks team. Prescott threw two interceptions, including one returned for a touchdown, and
Youth Nike Custom Made Minnesota Vikings Elite Purple Team Color NFL Jersey Cheap his 51.3 passer rating was his second-lowest of the season.

The quarterback, who was offensive rookie of the year in 2016, hopes to end the season with a better taste than the bitterness of Sunday’s 21-12 loss. Despite the game not meaning anything for either team, Prescott will play more in the regular-season finale than he did last season in Philadelphia.
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“I’m playing. It’s important to me,” Prescott said. “I hope it’s important to my teammates, this organization. I’ll be damned if I’ll finish the ’17 season with that performance last week. It’s big for me to go in and finish this season, like I said, this team, this offense, the right way and the way we want to.”

PowerChina Guizhou to build PV plant in Custom Vikings Jersey Pakistan

Chinese power engineering company PowerChina Guizhou Engineering Corporation said it signed an engineering, procurement and construction services contract Custom Vikings Jersey for a 100 megawatt photovoltaic power project with Personalized Minnesota Vikings Jersey Enertech, a Pakistan-based energy company, in Beijing on Wednesday.

The project marks the  first photovoltaic power facility in Quetta, the fourth-largest city in Pakistan and the provincial capital of Balochistan. It
Men’s Nike Custom Made Minnesota Vikings Elite Purple Team Color NFL Jersey Cheap NFL Football is the first phase of a 7 mW photovoltaic power project in Balochistan.

Guo Wei, the general manager of PowerChina Guizhou Engineering Corporation, and Yasser Malik, the CEO of Enertech, were present at the contract signing
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China’s 2018 fiscal, monetary policies aim Custom Vikings Jersey for high-quality development

China will stay on course for a proactive fiscal policy and prudent monetary Custom Vikings Jersey policy in 2018 to foster high-quality development while containing financial risks.

“The proactive orientation of fiscal policy will be maintained, while the structure of fiscal spending should be optimized,” said a statement released after the Central Economic Work Conference concluded last week.

Fiscal support for major fields and projects will be ensured while reducing Minnesota Vikings Jersey regular expenditures, according to the country’s most important annual meeting on economic work.

“Compared with previous years, when a proactive fiscal policy was also implemented, the priority for 2018 should be investment in weak links, Minnesota Vikings including education, healthcare, social security and pubic services,” said Zhao Xijun, a finance professor with Renmin University of China.

Investment in innovation and entrepreneurship as well as emerging industries
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“Infrastructure investment in 2018 is expected to fall, with more funding going to environmental protection and targeted poverty reduction,” said Lu NFL Football Zhengwei, chief economist with Industrial Bank.

Since the global financial crisis prompted the Chinese government to spend big to fend off risks, government-driven investment has resulted in falling
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With the focus of fiscal policy shifting further toward improving income distribution and mobilizing social resources next year, analysts believe further progress is expected in boosting the quality and sustainability of China’s economic growth.

In addition, concrete measures will be taken to strengthen regulation of local government debt, according to the conference, which reviewed China’s economic performance over the past five years and mapped out plans for 2018.
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China’s local government debt soared during an investment and construction binge following the global financial crisis in 2008. Well aware of the risks, authorities have taken an array of measures to reduce the local debt burden.

Outstanding local government debt stood at 15.86 trillion yuan ($2.4 trillion) as of June 30, slightly higher than the 15.32 trillion yuan at the end of 2016, but below this year’s government-targeted ceiling of 18.82 trillion yuan.

On the monetary front, China will maintain a prudent and neutral monetary policy next year, keeping appropriate liquidity levels but avoiding excessive liquidity injections.

“Prudent monetary policy should be kept neutral, the floodgates of monetary supply should be controlled, and credit and social financing should see reasonable growth,” said the statement released after the tone-setting meeting.

The Central Economic Work Conference in 2016 set the tone for monetary policy as prudent and neutral for 2017, while striving to smooth monetary policy transmission channels and improving mechanisms to help maintain stable liquidity.

“Compared with 2017, China is more determined in 2018 to implement a prudent and neutral monetary policy,” said Lu Zhengwei, noting that the Chinese leadership has made it a priority to prevent financial risks in 2018.

China has maintained prudent monetary policy since 2011. However, in practice the policy has been loosening slightly due to downward pressure on economic growth.

As the country’s economic health continued to improve, policy makers announced that they would maintain “a prudent and neutral” policy for 2018.

Analysts said the shift indicated that China will lean toward monetary tightening should they need to curb any asset bubbles or mitigate financial risks.

“The monetary policy will remain prudent while tilting to slight tightening next year,” said Li Qilin, senior researcher of Lianxun Securities, adding that the central bank should balance its goals of stabilizing economic growth and preventing bubbles.

Proactive fiscal policy and prudent monetary policy, both major macroeconomic policies, will pave a solid foundation for China’s economic restructuring and deepening supply-side reform next year, said Zhao Xijun from Renmin University of China.

Sri Lankan president grants amnesty Custom Vikings Jersey to 526 inmates on Christmas Day

Sri Lankan President Maithripala Sirisena granted amnesty to 526 inmates Custom Vikings Jersey Monday on the occasion of the Christmas, an official said.

Prisons Commissioner H.M.T.N. Upuldeniya told Xinhua that these 526 inmates Personalized Minnesota Vikings Jersey  were in jail for minor offenses.

Upuldeniya said special religious celebrations were also organized within the premises of the prisons throughout the country to mark the Christmas.

Christians account for seven percent of Sri Lanka’s total population, mainly concentrated in the western coastal belt of the country.

Sri Lanka is in the habit of granting such pardons in respect of events of Minnesota Vikings national significance such as the New Year, the National Independence Day and the Buddhist festival Vesak.

The president has the constitutional power to grant full pardon to inmates or NFL Football commute their sentences.

Indoor horse-riding clubs become Custom Vikings Jersey popular in Dalian

Targeting the children and adolescents of the wealthy, a new indoor horse-Custom Vikings Jersey riding club opened at a shopping mall in Dalian,
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The club has nine ponies, which are about 1.2 to 1.4 meters Personalized Minnesota Vikings Jersey high.

It costs 400 yuan ($61.2) for 45 minutes. For those who want to take a try,Minnesota Vikings  it costs 168 yuan for 15 minutes.

“Indoor horse-riding clubs are springing up all around the country,” said NFL Football Li Xiaoyang, general manager of Dalian Liangyun Equestrianism Club.Women’s Nike Personalized Minnesota Vikings Elite Away White NFL Football Jersey Sale.

Risk control a key Custom Saints Jersey objective

Maintaining the sustainable development of the financial and real estate Custom Saints Jersey sectors and avoiding unexpected risks will be China’s economic policy priorities next year, with these measures seen as key to safeguarding overall economic stability.

The annual Central Economic Work Conference, which sets the economic policy New Orleans Saints tone for the coming year, ended on Wednesday.

A statement issued after the conference said that the nation will continue to crack down on illegal activities in the financial industry to prevent risks.

In the coming three years, China will seek to foster a “virtuous circle” between the financial sector and the real economy, between the financial sector and the property sector, as well as within the financial system, according to the statement.

The high-level policymakers listed “preventing major risks” as one of the top Custom Saints Jersey Cheap three of next year’s main tasks. Financial risks, especially from the less-regulated shadow banking businesses and the savage
Men’s Nike Custom Made New Orleans Saints Elite Black Team Color NFL Jersey Sale expansion of corporate debt, will be the centerpiece for supervision, and financial deleveraging will continue, as experts said.

They expected that new regulations on asset and wealth management products, liquidity management and interbank businesses will be launched in 2018, along Personalized Saints Jersey with further measures to complete the macro prudential regulatory framework, led by the People’s Bank of China, the
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“As regulatory tightening continues in the financial sector, commercial banks’ balance sheets will further contract along with the higher financing costs,” said Wu Ge, chief economist with Huarong Securities.

China’s monetary policy is stepping out of the “easing era”, said Wu, as market interest rates have been pushed up, the yuan’s value is rising and the broad money supply growth drops to single digits.

“Major risks” may also arise from the process of cutting overcapacity in some traditional industrial sectors, including coal, iron and steel manufacturing,
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Besides, the real estate market, with the still large amount of housing stocks, could pose major risks to China’s economy should house prices suffer unexpected turbulence.

China will move faster to put in place a housing system that ensures supply through multiple sources, provides housing support through multiple channels, and encourages both housing purchase and renting in 2018, said the statement of the annual Central Economic Work Conference.

A research note from China Index Academy predicted that to prevent potential risks in the real estate sector, policies to curb short-term price rises are unlikely to ease, while the establishment of a long-term mechanism will be accelerated.

In an article in People’s Daily on Wednesday, Finance Minister Xiao Jie wrote saying that to launch a real estate tax will be a crucial part of the next phase of reform, and before that a special law will be introduced first.

“The tax will be charged based on assessed values of commercial and industrial properties, as well as personal residential housing,” Xiao wrote.

Police heroes spotlighted in Custom Saints Jersey Guangzhou photo exhibition

A photographic exhibition on police heroes will be held in Guangzhou, capital Custom Saints Jersey of Guangdong province, from Dec 28 to Jan 4, with an aim to encourage police across the province to learn from these models and Custom Saints Jersey Cheap contribute to ensuring State security and social stability.

Jiang Lida, a senior police officer from the Guangdong provincial department New Orleans Saints of public security, said it is the first time police heroes are praised through a grand photo show.

Guangdong now has more than 180,000 police officers, accounting for about Personalized Saints Jersey one-ninth of the country’s total.