Such funds are an important indicator of cross-border foreign capital flows and domestic yuan liquidity. An increase in the funds usually signals eased capital flight pressure, while a decrease often means capital flight pressure.
Still, Lei Xingshan, an archaeology professor at Peking University, said it's important to separate the authentication process from the marketplace.
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Still, there's growing confidence, as evidenced by growing retail sales-which represent about two-thirds of the US economy-and burgeoning home sales.
Strong build in the second quarter, a good auction, subsidy-free pipelines and a shift away from province-wide to localized shutdowns to halt COVID-19 outbreaks are all reasons to count out the low scenario, it said.
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Such strong input indicates a good foundation for future growth and highlights that companies are attaching greater importance to technology-driven growth, Xin said.
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Such cooperation zones along the Belt and Road have the potential to be much more than just engines of trade and economic growth, and they can promote environmental and social sustainability, according to a report released during the event.
Such efforts are part of China's broader push to implement the three-year plan the ministry unveiled in January to build up the nation's capacity to deal with cyberattacks targeting the industrial internet.