(ECNS）-- China's stock market valuation is at a relatively low level in history, said Pan Gongsheng, head of the State Administration of Foreign Exchange (SAFE), on Tuesday.
China's economic fundamentals are good and its economic growth is basically stable, Pan said while meeting with Akira Sugano, president and CEO of Asset Management One.
The two sides exchanged views on the opening of China's capital market and foreign investment in China.
China's economic structure is being continuously optimized, and the potential for internal growth is huge, the foreign exchange bureau chief added.
With the opening up of the capital market and its inclusion in the world's major stock and bond indices, China will provide a broader market for global investors, Pan said.