外汇储备方面，朱鹤新表示，"十四五"以来我国外汇储备始终稳定在3万亿美元以上。近两年在3.2万亿 美元以上。"我们持续做好外汇储备经营管理，保障资产安全、流动和保值增值，外汇储备充分发挥了 国家经济金融重要'稳定器'和'压舱石'作用。"朱鹤新说。 与此同时，跨境投融资便利化水平进一步提升。朱鹤新介绍，推进资本项目收支便利化，"十四五"以来 办理相关业务近3000亿美元。升级推广科创类企业跨境融资便利化政策，提升高新技术、"专精特新"以 及科技型中小企业自主借用外债额度。丰富跨境金融服务平台应用场景，累计协助办理企业近16万家， 付汇已超过2.4万亿美元，获得融资超4300亿美元，其中七成为中小企业。"近期，我们新推出了涵盖跨 境投资、融资以及资本项目收付等9条一揽子便利化政策，后续将加强政策跟踪问效，让企业得到实实 在在的便利。"他说。 朱鹤新表示，展望"十五五"，外汇局将健全"更加便利、更加开放、更加安全、更加智慧"的外汇管理体 制机制，为推进中国式现代化作出新的更大贡献。 中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办举行的"高质量完成'十四五'规划"系列 主题新闻发布会上表示，"十四五"以来 ...

● 本报记者欧阳剑环 朱鹤新介绍，国际收支运行更加稳健。面对更趋复杂严峻的外部环境，我国涉外经济顶住压力、稳定发 展，对外经贸呈现多元化格局、韧性增强。国际收支基本平衡，经常账户顺差与GDP之比保持在合理区 间。跨境双向投融资活跃，7月末境外机构和个人持有境内股票、债券、存贷款超10万亿元。 与此同时，跨境投融资便利化水平进一步提升。朱鹤新介绍，推进资本项目收支便利化，"十四五"以来 办理相关业务近3000亿美元。升级推广科创类企业跨境融资便利化政策，提升高新技术、"专精特新"以 及科技型中小企业自主借用外债额度。丰富跨境金融服务平台应用场景，累计协助办理企业近16万家， 付汇已超过2.4万亿美元，获得融资超4300亿美元，其中七成为中小企业。"近期，我们新推出了涵盖跨 境投资、融资以及资本项目收付等9条一揽子便利化政策，后续将加强政策跟踪问效，让企业得到实实 在在的便利。"他说。 中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办举行的"高质量完成'十四五'规划"系列 主题新闻发布会上表示，"十四五"以来，外汇领域有效统筹发展和安全，稳步推进高水平开放，为构建 新发展格局提供有力支持。 朱鹤新表示， ...

● 本报记者 欧阳剑环 中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办举行的"高质量完成'十四五'规划"系列 主题新闻发布会上表示，"十四五"以来，外汇领域有效统筹发展和安全，稳步推进高水平开放，为构建 新发展格局提供有力支持。 朱鹤新介绍，国际收支运行更加稳健。面对更趋复杂严峻的外部环境，我国涉外经济顶住压力、稳定发 展，对外经贸呈现多元化格局、韧性增强。国际收支基本平衡，经常账户顺差与GDP之比保持在合理区 间。跨境双向投融资活跃，7月末境外机构和个人持有境内股票、债券、存贷款超10万亿元。 外汇储备方面，朱鹤新表示，"十四五"以来我国外汇储备始终稳定在3万亿美元以上。近两年在3.2万亿 美元以上。"我们持续做好外汇储备经营管理，保障资产安全、流动和保值增值，外汇储备充分发挥了 国家经济金融重要'稳定器'和'压舱石'作用。"朱鹤新说。 与此同时，跨境投融资便利化水平进一步提升。朱鹤新介绍，推进资本项目收支便利化，"十四五"以来 办理相关业务近3000亿美元。升级推广科创类企业跨境融资便利化政策，提升高新技术、"专精特新"以 及科技型中小企业自主借用外债额度。丰富跨境金融服务平台应用场景，累计协 ...

金融是国民经济的血脉，是国家核心竞争力的重要组成部分。 国务院新闻办公室22日举行"高质量完成'十四五'规划"系列主题新闻发布会，中国人民银行、金融监管 总局、中国证监会、国家外汇局四部门负责人介绍"十四五"时期我国金融业发展成就。 行业综合实力更加雄厚 新华社北京9月22日电 题：综合实力更加雄厚 服务质效显著提升——国新办发布会聚焦"十四五"时期金 融业发展成就 新华社记者李延霞、刘羽佳、张千千 截至今年6月末，中国银行业总资产近470万亿元，位居世界第一；股票、债券市场规模位居世界第二； 外汇储备规模连续20年位居世界第一……一组来自发布会的数据显示，我国金融业的国际竞争力和影响 力显著增强。 "在党中央坚强领导下，我国金融事业取得新的重大成就。金融体制改革全面深化，顶层设计更加完 善，我国金融治理体系和治理能力现代化迈上新台阶。"中国人民银行行长潘功胜表示。 金融监管总局局长李云泽表示，银行业保险业高质量发展实现新跨越，综合实力更加雄厚，全球最大信 贷和第二大保险市场地位更加稳固。 近年来，我国着力健全资本市场功能，提高直接融资比重。今年8月，A股市场总市值首次突破100万亿 元。中国证监会主席吴清表 ...

在持续深化外汇市场发展的同时，朱鹤新表示，国家外汇局不断完善外汇市场"宏观审慎+微观监管"两位一体的管理框架，成功应对多轮高强度外部冲 击。"十四五"以来，破获外汇案件超过6100件，有力打击地下钱庄等违法违规活动，外汇市场功能完善，运行稳健，韧性明显增强。 上证报中国证券网讯（记者 范子萌）中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办"高质量完成'十四五'规划"系列主题新闻发布会上表 示，"十四五"以来，外汇领域有效统筹发展和安全，稳步推进高水平开放，为构建新发展格局提供有力支持。 展望"十五五"，朱鹤新表示，将健全更加便利、更加开放、更加安全、更加智慧的外汇管理体制机制。 中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办"高质量完成'十四五'规划"系列主题新闻发布会上表示，"十四五"以来，外汇领域有效统筹发 展和安全，稳步推进高水平开放，为构建新发展格局提供有力支持。7月末，境外机构和个人持有境内股票、债券、存贷款超过10万亿元。 朱鹤新说，这主要表现在4个方面：国际收支运行更加稳健；外汇服务实体经济质效大幅提升；开放环境下的监管能力和风险防控能力持续增强；持续做好 外汇储备经营管 ...

Core Insights - The People's Bank of China has increased its gold reserves for nine consecutive months, with a total of 7,396 million ounces as of the end of July, up by 6,000 ounces from the end of June [3] - After a pause in gold purchases since May of the previous year, the central bank resumed its buying in November and has continued through July [3] - China's foreign exchange reserves decreased by $25.2 billion in July, marking a decline of 0.76%, ending a streak of growth that lasted for the first six months of the year [3] Group 1: Gold Reserves - The total gold reserves of China reached 7,396 million ounces at the end of July, reflecting a monthly increase of 6,000 ounces [3] - The central bank's strategy includes a consistent increase in gold holdings, having resumed purchases after a hiatus since May of the previous year [3] Group 2: Foreign Exchange Reserves - As of the end of July, China's foreign exchange reserves stood at $32,922.35 billion, down from the previous month [3] - The decline in foreign exchange reserves was attributed to various factors, including macroeconomic data and currency policies from major economies, which influenced the dollar index and global financial asset prices [3] - Despite the recent decline, the foreign exchange reserves had seen a total increase of $115.065 billion in the first half of the year [3] Group 3: Economic Outlook - The State Administration of Foreign Exchange emphasized the stability and resilience of China's economic fundamentals, which are expected to support the stability of foreign exchange reserves [4] - The agency outlined plans for the second half of 2025 to enhance the management of foreign exchange reserves, focusing on asset safety, liquidity, and value preservation [4]

Core Points - The State Administration of Foreign Exchange (SAFE) emphasizes the need to promote cross-border investment and financing facilitation, including the cancellation of domestic reinvestment registration for foreign-invested enterprises and facilitating cross-border financing for technology enterprises [1][2] - The meeting outlines key tasks for the second half of 2025, focusing on strengthening the Party's leadership in financial and foreign exchange work, modernizing the governance system, and supporting high-quality economic development [1][2] Group 1 - The meeting calls for comprehensive strengthening of Party building within the financial system, enhancing the quality and effectiveness of Party work, and creating a high-quality professional team for foreign exchange management [1][2] - It aims to deepen reforms and opening up in the foreign exchange sector, supporting stable foreign trade development and optimizing foreign exchange management policies for new trade formats [2] - The meeting highlights the importance of monitoring foreign exchange trends and managing cross-border capital flows to mitigate external risks and maintain market stability [2] Group 2 - The meeting stresses the need to enhance regulatory capabilities under open conditions, improve legal frameworks for foreign exchange management, and utilize technology to increase regulatory efficiency [2][3] - It also emphasizes the importance of maintaining the safety, liquidity, and value appreciation of foreign exchange reserves [3] - The construction of an international balance of payments statistical system is prioritized, along with the implementation of the seventh edition of the Balance of Payments and International Investment Position Manual [4]

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) emphasizes the establishment of a more convenient, open, secure, and intelligent foreign exchange management system to support high-quality economic development and modernization in China [1]. Group 1: Foreign Exchange Management Reforms - The SAFE plans to deepen reforms in the foreign exchange sector to support stable foreign trade development, including optimizing foreign exchange fund settlement for new foreign trade entities and facilitating centralized management of overseas funds for contracting enterprises [1]. - A comprehensive set of measures will be implemented to promote cross-border investment and financing facilitation, including the cancellation of domestic reinvestment registration for foreign-invested enterprises and easing cross-border financing for technology enterprises [1]. - The management of multinational corporate funding pools will be implemented nationwide, along with pilot programs for green foreign debt policies and improved management of funds for domestic enterprises listed abroad [1]. Group 2: Risk Prevention and Monitoring - The SAFE will enhance monitoring and analysis of foreign exchange conditions, strengthen macro-prudential management of cross-border capital flows, and conduct counter-cyclical adjustments as needed to maintain market stability and national economic security [1]. - There will be an emphasis on improving regulatory capabilities and levels under open conditions, including strengthening the legal framework for foreign exchange management and utilizing technology to enhance regulatory effectiveness [2]. Group 3: International Balance of Payments and Statistical System - The SAFE aims to advance the construction of the international balance of payments statistical system and implement the seventh edition of the "International Balance of Payments and International Investment Position Manual" [3]. - There will be a focus on enhancing the overall level of foreign exchange management, including pre-policy evaluation and post-implementation tracking [3]. - The development of "digital foreign exchange management" and "intelligent foreign exchange management" will be explored to enrich cross-border financial service platforms [3].

Group 1 - The core viewpoint emphasizes the establishment of a more convenient, open, secure, and intelligent foreign exchange management system to support high-quality economic development and modernization in China [1] Group 2 - The reform and opening up of the foreign exchange sector will support stable foreign trade development through a comprehensive policy package, including optimizing foreign exchange fund settlement for new foreign trade entities and facilitating centralized management of overseas funds for contracting enterprises [2] - The promotion of cross-border investment and financing facilitation includes measures such as canceling the registration of reinvestment by foreign-invested enterprises and easing cross-border financing for technology enterprises [2] - The implementation of a multinational corporate cash pool management policy and pilot programs for green foreign debt will enhance the management of funds for domestic enterprises listed abroad [2] - The banking sector will undergo reforms to expand and improve foreign exchange operations, while the foreign exchange market will continue to develop with enhanced services for enterprise exchange rate risk management [2] - There will be a focus on monitoring and analyzing foreign exchange conditions to mitigate external shocks, with macro-prudential management of cross-border capital flows and timely counter-cyclical adjustments to maintain market stability [2] - The regulatory capacity and level under open conditions will be improved, including strengthening the legal framework for foreign exchange management and utilizing technology to enhance regulatory efficiency [2] - The management of foreign exchange reserves will be refined to ensure asset safety, liquidity, and value preservation [2] - The construction of an international balance of payments statistical system will be advanced, with the implementation of the seventh edition of the "Balance of Payments and International Investment Position Manual" [2] - Overall enhancement of foreign exchange management work will include pre-policy evaluation and post-implementation tracking, alongside the development of "digital foreign exchange management" and "intelligent foreign exchange management" [2]

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) held a video conference to discuss foreign exchange management work for the second half of 2025, emphasizing the importance of risk prevention, strong regulation, and promoting development in the foreign exchange sector [1][2]. Group 1: Key Points from the Meeting - Since 2025, the foreign exchange management department has focused on implementing the central economic work conference's spirit, enhancing support for the real economy's high-quality development, and facilitating foreign trade [2]. - The department has introduced policies to ease foreign exchange settlement for quality enterprises and expanded cross-border trade pilot programs [2]. - A total of $30.8 billion in new investment quotas has been allocated to Qualified Domestic Institutional Investors (QDII) [2]. Group 2: Future Work Plans - The meeting outlined plans to deepen foreign exchange reform and support stable foreign trade, including optimizing foreign exchange management for new trade entities and facilitating overseas funding for engineering companies [3]. - There will be a push to cancel registration for reinvestment by foreign-invested enterprises and to facilitate cross-border financing for technology companies [3]. - The focus will also be on enhancing the regulatory capacity under open conditions, improving legal frameworks for foreign exchange management, and utilizing technology to increase regulatory efficiency [3].