From The People's Daily:
China's foreign exchange reserves currently exceed US $2 trillion, said Yao Jingyuan, chief economist at the National Bureau of Statistics of China, at the China Industry Investment Forum on November 27.
The foreign direct investment China absorbed over the past 30 years has greatly increased. China's foreign exchange reserves have jumped to No.1 in the world. Statistics show that between 1979 and 2007, China's foreign exchange reserves increased by US $1.5267 trillion in total, or an average of US $52.6 billion per year.
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