外汇管理局最新发布，168287亿元！

Core Viewpoint - As of September 30, 2025, China's total external debt stands at 16.8287 trillion RMB (approximately 2.3684 trillion USD), reflecting a decrease of 2.8% from June 2025, indicating a stable external debt situation overall [3][7]. Group 1: Debt Structure - The long-term external debt amounts to 7.1511 trillion RMB (approximately 1.0064 trillion USD), accounting for 42% of the total, while short-term external debt is 9.6776 trillion RMB (approximately 1.3620 trillion USD), making up 58% [3][4]. - Among short-term external debt, trade-related credit constitutes 36% [3]. - The currency structure shows that domestic currency debt is 8.7394 trillion RMB (approximately 1.2299 trillion USD), representing 52%, while foreign currency debt (including SDR allocation) is 8.0893 trillion RMB (approximately 1.1385 trillion USD), accounting for 48% [5]. Group 2: Institutional Breakdown - The broad government external debt totals 2.8563 trillion RMB (approximately 402 billion USD), which is 17% of the total; central bank external debt is 0.7454 trillion RMB (approximately 104.9 billion USD), or 4%; bank external debt is 6.9198 trillion RMB (approximately 973.9 billion USD), making up 41%; and other sectors (including inter-company loans) account for 6.3072 trillion RMB (approximately 887.6 billion USD), or 38% [4][6]. Group 3: Debt Instruments - The loan balance is 2.1934 trillion RMB (approximately 308.7 billion USD), representing 13%; trade credit and prepayments total 2.8443 trillion RMB (approximately 400.3 billion USD), or 17%; currency and deposits amount to 3.3526 trillion RMB (approximately 471.9 billion USD), accounting for 20%; debt securities total 5.5417 trillion RMB (approximately 779.9 billion USD), making up 33%; and inter-company loan debt is 1.6799 trillion RMB (approximately 236.4 billion USD), which is 10% [2][4].