我国外储规模连续5个月站上3.3万亿美元

Core Viewpoint - China's foreign exchange reserves have remained above $3.3 trillion for five consecutive months, with a significant increase of over $155.5 billion by the end of December 2025 compared to the previous year [1]. Group 1: Foreign Exchange Reserves - As of December 2025, China's foreign exchange reserves stood at $3357.9 billion, reflecting an increase of $11.5 billion from the end of November, representing a growth rate of 0.34% [1]. - The rise in foreign reserves is attributed to the impact of major economies' monetary policies and macroeconomic data, leading to a depreciation of the US dollar and fluctuations in global financial asset prices [2]. - The increase in reserves is also supported by a trade surplus that has surpassed $1 trillion, indicating a solid fundamental backing for the stability of foreign reserves [3]. Group 2: Gold Reserves - By the end of December 2025, China's official gold reserves reached 7.415 million ounces, marking the 14th consecutive month of increase, although the increment has been relatively low in recent months [4]. - The increase in gold reserves is seen as a strategic move to optimize the structure of foreign exchange reserves amid rising geopolitical tensions and a trend towards "de-dollarization" [4]. - The proportion of gold reserves in China's official international reserves is approximately 9.5%, significantly lower than the global average of around 15%, indicating room for further increases in gold holdings [4].