Core Viewpoint - The State Administration of Foreign Exchange reported stable foreign exchange settlement and sales in November, with a surplus of 15.7 billion USD, remaining consistent with October levels [1] Group 1: Cross-Border Capital Flows - In November, cross-border income and expenditure for non-bank sectors, including enterprises and individuals, totaled 1.3 trillion USD, reflecting an 8% month-on-month increase [1] - The cross-border capital flow surplus was 17.8 billion USD, lower than the average surplus of 24 billion USD in September and October [1] Group 2: Trade and Investment - Goods trade continues to be the primary channel for net capital inflows, while service trade, investment income, and direct investment flows remain stable [1] - Recent trends indicate that capital flows under securities investment have become more stable [1] Group 3: Market Stability - Overall, China's foreign trade and foreign investment demonstrate resilience, with cross-border capital flows and foreign exchange market expectations remaining stable [1] - Foreign exchange transactions are reported to be steady and orderly [1]
国家外汇局:11月银行结售汇顺差157亿美元
Xin Hua Wang·2025-12-19 10:53