上半年我国非银行部门跨境收支规模创历史同期新高

Core Insights - The State Administration of Foreign Exchange reported that in the first half of the year, cross-border income and expenditure by non-bank sectors reached $7.6 trillion, a year-on-year increase of 10.4%, marking a historical high for the same period [1] - The proportion of Renminbi in cross-border receipts and payments reached 53% [1] - There was a net inflow of cross-border funds amounting to $127.3 billion, continuing the net inflow trend observed since the second half of last year, with a 46% quarter-on-quarter increase in the second quarter [1] - The total trading volume in the domestic Renminbi foreign exchange market reached $21 trillion, a year-on-year increase of 10.2%, with spot and derivative trading volumes at $7.4 trillion and $13.6 trillion, respectively [1] - The Renminbi appreciated by 1.9% against the US dollar in the first half of the year, maintaining basic stability at a reasonable equilibrium level [1] Market Resilience - The resilience of China's foreign exchange market has been continuously improving, enhancing its ability to respond to external shocks [2] - The foreign exchange market has accumulated rich experience in counter-cyclical regulation and has a robust reserve of policy tools [2] - The effectiveness of foreign exchange regulation has steadily improved, increasing the capacity to prevent and mitigate external shock risks [2]