1月证券投资项下资金净流入保持稳定

Core Viewpoint - The foreign exchange market in China continues to operate steadily despite increased volatility and differentiation in the international financial market, with stable net inflows in securities investment [1] Group 1: Foreign Exchange Data - In January 2026, banks settled foreign exchange transactions amounting to 20,048 billion RMB and sold 14,457 billion RMB, equivalent to 2,863 billion USD and 2,065 billion USD respectively [1] - The foreign exchange income from banks for clients was 54,722 billion RMB, while foreign payments were 48,974 billion RMB, translating to 7,816 billion USD and 6,995 billion USD respectively [1] Group 2: Cross-Border Capital Flows - Cross-border capital maintained a net inflow, although the scale decreased compared to the previous month, with bank settlement and sale surplus and net inflows from non-bank sectors dropping by 20% and 28% respectively [1] - The net inflow of funds under goods trade decreased by 27% compared to the previous month, while net outflows under service trade increased by 23%, with securities investment remaining stable [1] Group 3: Market Stability - Overall, the foreign exchange market in China is characterized by active trading and stable expectations, with cross-border capital flows becoming more stable [1]