1月末外储规模环升1.23%，黄金储备连增15个月

Group 1 - As of January 2026, China's foreign exchange reserves reached $339.91 billion, an increase of $41.2 billion from December 2025, marking a rise of 1.23%, the highest increase since January 2024 [1] - The increase in foreign reserves is attributed to a decline in the US dollar index and a general rise in global financial asset prices, with the dollar index dropping by 1.2% in January due to various geopolitical factors [1] - China's foreign reserves have remained above $3.3 trillion for six consecutive months, the highest level since December 2015, driven by a significant decline in the dollar index and rising global stock indices [1] Group 2 - In 2025, China's foreign trade demonstrated strong resilience, with export levels reaching a historical high, particularly in the machinery and equipment sector, which includes new energy and high-end equipment [3] - There is a steady increase in foreign investors' long-term allocation intentions towards RMB assets, with net inflows in securities investment and stable foreign direct investment, supported by ongoing cross-border financing facilitation policies [3] - As of January 2026, China's official gold reserves increased for the fifteenth consecutive month, although the increment has been low for eleven months, aligning with market expectations amid high geopolitical risks and ongoing interest rate cuts by the Federal Reserve [3][4]