State Administration of Foreign Exchange: Currently, China's foreign exchange market is active, and the supply and demand of foreign exchange are basically balanced.
Li Bin, deputy director of the State Administration of Foreign Exchange and spokesperson, answered questions from reporters about the foreign exchange market situation in August 2025, stating that the foreign exchange market in China operated smoothly in August. Firstly, foreign exchange market transactions remained active. In August, non-banking sectors such as enterprises and individuals had a cross-border income and expenditure of 1.3 trillion US dollars, an 8% increase compared to the previous year. Both current and capital accounts had increased cross-border income and expenditure, with steady development in cross-border trade and investment. Secondly, the overall supply and demand in the foreign exchange market were balanced. In August, there was a net inflow of cross-border funds of 32 billion US dollars, with a surplus of 146 billion US dollars in bank exchanges. Examining specific items, the net inflow of funds from goods trade remained stable, foreign investors overall were net buyers of domestic stocks and bonds, and funds from service trade and investment income showed a seasonal decline from high levels. Overall, the current foreign exchange market in China is active, with a basic balance of foreign exchange supply and demand, and market expectations remain stable.
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