8月银行结售汇顺差超140亿美元

Core Viewpoint - The foreign exchange market in China is showing signs of stability and balance, with significant data indicating a surplus in both bank settlement and foreign exchange transactions for August 2025 [1][2][3]. Group 1: Bank Settlement and Foreign Exchange Data - In August 2025, banks settled foreign exchange transactions amounting to 1.51 trillion yuan, with sales reaching 1.41 trillion yuan, resulting in a surplus [1]. - Cumulatively from January to August 2025, banks settled 11.39 trillion yuan and sold 11.31 trillion yuan, indicating a consistent surplus in bank settlement [1]. - The foreign exchange transactions in August, when converted to USD, showed settlements of 211.8 billion and sales of 197.1 billion, with a cumulative total of 1.59 trillion and 1.58 trillion USD respectively for the first eight months [2]. Group 2: Cross-Border Transactions - In August, the foreign exchange income from clients was 4.55 trillion yuan, while payments were 4.53 trillion yuan, also reflecting a surplus [1]. - For the first eight months, the cumulative foreign exchange income was 37.22 trillion yuan, with payments at 36.34 trillion yuan, indicating a positive balance [1]. - The non-bank sector's cross-border receipts reached 1.3 trillion USD in August, marking an 8% year-on-year increase, with both current and capital account transactions growing [2]. Group 3: Market Activity and Trends - The foreign exchange market is described as active, with a net inflow of 3.2 billion USD in August and a bank settlement surplus of 14.6 billion USD [2]. - The Shanghai region led in bank settlement with 42.6 billion USD in settlements and 50.9 billion USD in sales for August [3]. - The securities investment project recorded a settlement surplus of 4.6 billion USD in August, reversing a previous deficit, closely linked to the strong performance of the A-share market [5]. Group 4: Trade and Consumption - China's total goods trade value for the first eight months of 2025 reached 29.57 trillion yuan, reflecting a 3.5% year-on-year growth [4]. - The increase in inbound consumption is supported by policies aimed at attracting more foreign visitors, with a notable rise in the number of foreign nationals entering China [6]. - The implementation of new policies to enhance service consumption is expected to further boost inbound spending and improve the foreign exchange surplus [6].