国家外汇局：2025年来华直接投资呈现净流入，境内主体对外投资较快增长

Core Insights - The press conference held by the State Council Information Office on January 15 highlighted the effectiveness of monetary and financial policies in supporting high-quality development of the real economy [1] Group 1: Foreign Exchange Market - The foreign exchange market maintained a basic balance in supply and demand over the past year, with overall expectations remaining stable and demonstrating strong resilience and vitality [3] - In 2025, total cross-border income and expenditure for enterprises and individuals is projected to reach $15.6 trillion, representing an increase of nearly 10% compared to 2024 [3] - Cross-border capital shifted from a net outflow at the beginning of the year to a net inflow, with a total net inflow of $302.1 billion and a bank settlement surplus of $196.6 billion for the year [3] Group 2: Direct Investment and Foreign Assets - By the end of September 2025, foreign direct investment in China is expected to show a net inflow, while domestic entities are experiencing rapid growth in outward investment [3] - China's foreign assets and liabilities reached historical highs of $11.5 trillion and $7.5 trillion, respectively, by the end of September 2025 [3] - Foreign exchange reserves remained stable, with a year-end balance of $335.79 billion, and the RMB exchange rate maintained basic stability at a reasonable and balanced level [3]