国家外汇局：2025年来华直接投资呈现净流入

Group 1 - The core viewpoint of the article is that China's direct investment has shown a net inflow since 2025, with significant growth in outbound investments by domestic entities [1][2] - In 2025, total cross-border income and expenditure reached $15.6 trillion, marking a nearly 10% increase compared to 2024 [1] - The net inflow of cross-border funds for the year was $302.1 billion, with a bank settlement surplus of $196.6 billion [1] Group 2 - By the end of September 2025, China's foreign assets and liabilities reached historical highs of $11.5 trillion and $7.5 trillion, respectively [1] - The foreign exchange reserves remained stable, with a year-end balance of $3357.9 billion [1] - The Chinese yuan exchange rate maintained basic stability at a reasonable equilibrium level [1] Group 3 - The government plans to introduce policies for overseas lending and domestic foreign exchange loan management to better support Chinese enterprises in international expansion and foreign trade development [2] - There will be a nationwide implementation of cross-border fund management policies for multinational companies to enhance fund turnover efficiency and reduce financial costs for enterprises [2] - Support will be provided for the construction of international financial centers in Shanghai and Hong Kong, along with the optimization of foreign exchange management policies in high-level open platforms such as free trade zones and Hainan Free Trade Port [2]