国家外汇局：多重因素推动外债规模企稳回升，预计我国外债规模将保持基本稳定

Core Viewpoint - The external debt of China has shown a slight increase as of the end of March 2025, with a total balance of 24,514 billion USD, reflecting a growth of 316 billion USD or 1.3% compared to the end of 2024 [2][3] Group 1: External Debt Overview - As of March 2025, China's total external debt balance is 24,514 billion USD, which is an increase of 316 billion USD from the end of 2024, marking a growth rate of 1.3% [2] - The currency structure of the external debt has improved, with domestic currency debt accounting for 52%, an increase of 2.0 percentage points from the end of 2024 [2] - The maturity structure remains stable, with medium to long-term external debt accounting for 42%, a decrease of 1.7 percentage points from the end of 2024 [2] Group 2: Factors Influencing External Debt - Multiple factors have contributed to the stabilization and slight increase in external debt, including complex changes in international circumstances and a continued positive trend in domestic economic performance [3] - The attractiveness of RMB-denominated bonds has increased, leading to higher foreign investment in these assets, which supports the stability of external debt levels [3] - China's commitment to innovation-driven development and high-level opening-up, along with improvements in cross-border financing facilitation, are expected to provide strong support for maintaining stable external debt levels [3]