Zhu Hexin: By the end of July, overseas institutions and individuals held more than 10 trillion yuan of domestic stocks, bonds, deposits, and loans.
On September 22, when introducing the achievements of the development of the financial industry during the "14th Five-Year Plan" period, Zhu Hexin, Vice President of the People's Bank of China and Director of the State Administration of Foreign Exchange, stated at a press conference of the State Council Information Office that since the 14th Five-Year Plan, China's international balance of payments has operated more steadily. Faced with a more complex and severe external environment, China has withstood the pressure and achieved stable development in foreign economic and trade relations, presenting a diversified pattern, and enhancing resilience. The international balance of payments is basically balanced, and the ratio of the current account surplus to GDP remains within a reasonable range. Cross-border investment and financing activities are active, with overseas institutions and individuals holding over 10 trillion yuan of domestic stocks, bonds, deposits, and loans at the end of July.
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