广播听力： China s International Balance of Payments Remain Double Surplus

Anchor:
China's foreign exchange regulator says the country's economy is showing notable signs of recovery. A report noted that the country's international balance of payments remains on track.

CRI's Zheng Chenguang takes a look.

Reporter:
China says the country's international balance of payments remained in "double surplus" last year, but the growth rate slowed.(www.hXen.com)

Take the current account for example, its surplus is estimated at 440 billion U.S. dollars in 2008, up 20 percent year-on-year. However, the growth was 27 percentage points lower than the previous year.

China's financial insiders say they have much confidence in the country's future economic outlook.

Deng Xianhong is deputy director of the State Administration of Foreign Exchange.

"The overall prospect of our economy has not been affected as we have laid a solid economic foundation over the past 30 years of reform and opening-up. Our residents have a massive amount of deposits. We still have broad market potential, adequate cheap labor, a sound financial system and a good fiscal budget."

Deng Xiaohong also says it's important for China to prevent big fluctuations of the exchange