外汇储备连续20个月超3.2万亿美元 黄金储备九连涨

Group 1: Foreign Exchange Reserves - As of July 2025, China's foreign exchange reserves stood at $32,922 billion, a decrease of $252 billion from June, marking a decline of 0.76% [1] - The decline in reserves is attributed to the rise in the US dollar index and fluctuations in global financial asset prices, despite the reserves remaining above $3.2 trillion for 20 consecutive months [1][3] - Analysts indicate that the current level of foreign reserves is adequate to support the stability of the RMB exchange rate and to mitigate potential external shocks [1][3] Group 2: Gold Reserves - The People's Bank of China has increased its gold reserves for the ninth consecutive month, reaching 7,396 million ounces (approximately 2,300.41 tons) as of the end of July, with a month-on-month increase of 6,000 ounces [2][6] - The gold reserves now amount to $24,398.5 billion, representing 7.41% of the foreign exchange reserves, which is still below the global average of around 15% [2][6] - The increase in gold reserves is seen as a strategic move to diversify international reserves and enhance the credibility of the RMB in the context of a shifting international monetary system [2][6][8] Group 3: Economic Outlook - Despite facing risks and challenges, macroeconomic policies in China are prepared to adapt, with a focus on proactive fiscal and moderate monetary policies to support economic stability [5] - The central government emphasizes the need for sustained policy efforts to maintain overall balance in international payments and stabilize foreign exchange reserves [5] - The ongoing geopolitical uncertainties and trade tensions are expected to drive continued demand for gold as a safe-haven asset, influencing central banks' strategies globally [7][8]