WASHINGTON nike air max 2018 femme pas cher , Sept. 28 (Xinhua) -- China and the United States will further promote two-way overseas study and enhance bilateral exchanges among educational institutions and scholars, according to a joint statement released in Washington on Thursday.
The new moves are intended to increase mutual understanding and promote bilateral people-to-people exchanges, said the statement released after the first China-U.S. social and people-to-people dialogue was held here on Thursday.
According to the action plan of the dialogue, the two sides will adopt a "double 100,000" two-way overseas study plan, which will allow China to send 100 nike air max 2018 femme ,000 government-sponsored people to study in the United States and permit 100,000 U.S. students to study in China in the following four years.
Besides, China will provide 10,000 scholarships in the coming four years to encourage excellent U.S. students to study in China on a short-term basis, according to the plan.
The United States will continue to implement the Fulbright scholarship program, a U.S. flagship academic exchange program.
The action plan also mentioned that the China-U.S. Youth Innovation Center will be set up in the two countries to boost youth exchanges and cooperation between the two countries nike air max 2018 homme pas cher , which will also hold dialogues between Chinese and U.S. universities and think tanks to further increase intellectual communication.
"I hope young people in both China and the United States would be the main driver of innovation development and the vanguards of bilateral cultural exchanges, injecting positive energy into the two countries' ties," said Chinese Vice Premier Liu Yandong while addressing a sideline event of the dialogue in New York on Monday.
Liu co-chaired the first China-U.S social and people-to-people dialogue with U.S. Secretary of State Rex Tillerson.
The dialogue is one of the four high-level dialogues established during the Mar-a-Lago meeting between Chinese President Xi Jinping and his U.S. counterpart, Donald Trump, in the southeastern U.S. state of Florida in April.
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There are still uncertainties facing China's cross-border capital flows, but the country retains the ability to weather any capital flow shocks, the State Administration of Foreign Exchange (SAFE), the country's foreign exchange regulator, said on Thursday.
Growth of the economy will be watched closely and investors may get nervous about fiscal and financial risks, Guan Tao nike air max 2018 noir , head of SAFE's department of international payments, told a news conference in Beijing.
Globally, the US Federal Reserve is normalizing its stance on monetary policy while central banks in Europe and Japan are ramping up their already aggressive policy easing.
The diverging policies of the world's major central banks together with fluctuations in major commodity prices, turbulence in emerging-market currencies, and geopolitical disputes are the main sources of uncertainties over China's cross-border capital flows, said Guan.
China faced pressure from capital outflows in the second half of last year.
Figures revealed by Guan at the news conference showed that China registered a net capital outflow of $9 billion in the third quarter of 2014 www.airmax2018-pascher.fr , compared to an average of $38.9 billion in net capital inflows in the first two quarters.
Consequently, foreign exchange reserves shrank by $400 million in the third quarter, following an increase of $74.3 billion on average in each of the first two quarters.
SAFE has yet to disclose the data for the fourth quarter, but a continued deficit in the capital account is expected, according to Guan.
Addressing the issue of capital outflows, Zhang Lei nike air max 2018 elite pas cher , a Beijing-based macroeconomic analyst at Minsheng Securities, said US reindustrialization and its economic recovery have the effect of bringing money back into the US.
The trend will be increased by expectations for a strengthening of the US dollar and widespread speculation that the US Federal Reserve will raise interest rates later this year, accelerating capital outflows from China, Zhang told the Global Times on Thursday.
China's restructuring of its economy and the transition away from being led by investment is reducing expectations for investment profitability in the domestic market, Zhang noted.
However, Guan at SAFE downplayed fears of capital outflows arising from US monetary policy nike air max 2018 pas cher , noting that China retains sufficient foreign exchange reserves to deal with any problems.
China still holds the world's largest foreign exchange reserves, which totaled $3.84 trillion at the end of December 2014, according to data from the central bank.
Guan also noted that China remains a favored destination for longer-term investment from overseas, partly because it will continue running a current account surplus, especially a solid goods trade surplus.
In addition, the economy's medium- to high-speed growth still places the country among the world's fastest-growing economies Femme Nike Air Presto Grise Rose Soldes , and the yuan's strength may be sustained, helping rein in capital outflows.
At the news conference, Guan also reiterated that the central bank is gradually moving away from regular interventions in the foreign exchange market, as the country is pushing for a market-oriented yuan exchange rate formation mechanism.
The central bank's gradual exit from its regular interventions allows for more normalized two-way fluctuations in the C. Diego Alves Brazil Jersey Cheap Minnesota Timberwolves Jerseys Wholesale Rockets Jerseys Cheap Detroit Pistons Jerseys Cheap Indiana Pacers Jerseys Cheap Denver Nuggets Jerseys Cheap Brooklyn Nets Jerseys Wholesale Mavericks Jerseys Wholesale Hornets Jerseys Wholesale Atlanta Hawks Jerseys