As China's economy is stabilizing, capital outflow pressure has shown signs of easing.

The latest data from the People's Bank of China, the central bank, showed that China's total yuan funds outstanding for foreign exchange reversed two consecutive months of decline and rose in August.

The funds, a major indicator of international capital movement in or out of China, stood at 27.39 trillion yuan ($4.48 trillion) at the end of August, up 27.32 billion yuan ($4.46 billion) month on month, according to the central bank.

Cai Hongbo, an economic expert at the Beijing Normal University, said an improvement in August exports and a strengthening yuan have pushed up demand for the Chinese currency.