从市场韧性看，企业外汇套期保值的比率已经由2020年的17%上升到30%左右，人民币在跨境贸易中的 占比由16%上升到近30%。朱鹤新进一步指出，近年来面对高波动的国际市场环境，我国跨境资金流动 总体均衡，人民币汇率在主要货币中的表现比较稳健。 中国人民银行副行长、国家外汇局局长朱鹤新9月22日在国新办新闻发布会上介绍"十四五"时期金融业 发展成就时表示，近年来面对高波动的国际市场环境，我国跨境资金流动总体均衡，人民币汇率在主要 货币中表现比较稳健。我国外汇市场运行平稳，不论是活力还是韧性都在增强。展望未来，外汇局应对 外部风险挑战的底气更足。 "十四五"以来，国际金融市场波动加大，我国外汇市场运行平稳。朱鹤新介绍，从市场活力看，2024 年，我国跨境收支规模为14万亿美元，较2020年增长64%，"十四五"时期年均增长速度比"十三五"时期 提高8个百分点。今年前8个月，我国跨境收支同比增长10%，跨境贸易和投融资活动持续活跃。 "展望未来，我国经济基本面长期向好，高水平对外开放稳步推进，这奠定了国际收支自主平衡格局的 稳定。"朱鹤新表示，随着人民币汇率市场化形成机制不断完善，外汇市场宏观审慎管理更加有效，外 ...

北京商报讯(记者刘四红)9月22日，国务院新闻办公室举行"高质量完成'十四五'规划"系列主题新闻发布会，介 绍"十四五"时期金融业发展成就。中国人民银行副行长、国家外汇管理局局长朱鹤新在会上的表态，引发市场 的广泛关注，也为后续外汇市场与人民币汇率走向提供重要指引。 "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。 国际收支运行方面，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。 外汇服务实体经济质效方面，"越诚信越便利"的外汇服务环境更加优化。支持银行根据企业信用状况，采用相 应的便利化措施，业务办理时间大幅缩短。朱鹤新介绍，其中，凭指令即可办理业务的企业数较2020年末增 长5倍以上。取消贸易外汇收支名录登记等行政许可，外汇局行政许可业务笔数下降超70%。 同时，开放环境下的监管能力和风险防控能力也在持续增强。在持续深化外汇市场发展的同时，外汇局不断 完善外汇市场"宏观审慎 ...

Core Viewpoint - The press conference highlighted the achievements of China's financial industry during the "14th Five-Year Plan" period, emphasizing the stability of international payments and the enhancement of foreign exchange services for the real economy [3][4]. Group 1: International Payments and Foreign Exchange Services - The international balance of payments has become more stable, with the current account surplus to GDP ratio maintained within a reasonable range [3]. - By the end of July, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits, indicating active cross-border investment [3]. - The foreign exchange service environment has improved significantly, with banks adopting facilitative measures based on corporate credit status, leading to a substantial reduction in processing times [3]. Group 2: Regulatory and Risk Management Enhancements - The regulatory capacity and risk prevention abilities have been continuously strengthened in an open environment, with a dual management framework of "macro-prudential + micro-regulation" established [3]. - Over 6,100 foreign exchange cases have been cracked since the beginning of the "14th Five-Year Plan," effectively combating illegal activities such as underground banking [3]. Group 3: Foreign Exchange Reserves - China's foreign exchange reserves have remained stable above 3 trillion USD, consistently exceeding 3.2 trillion USD in recent years [4]. - The management of foreign exchange reserves has been focused on ensuring asset safety, liquidity, and value preservation, serving as a crucial stabilizer for the national economy [4].

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 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com 格隆汇9月22日｜国家外汇局局长朱鹤新表示，"十四五"以来，我国国际收支运行更加稳健，面对更加 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、存贷款超过10万亿元。 ...

Group 1 - In July, China's international balance of payments for goods and services trade reached 44,022 billion yuan, a year-on-year increase of 4% [1] - Goods trade exports amounted to 22,076 billion yuan, imports were 15,484 billion yuan, resulting in a surplus of 6,593 billion yuan; service trade exports were 2,651 billion yuan, imports were 3,811 billion yuan, leading to a deficit of 1,160 billion yuan [1] - The main components of service trade included transportation services with a total of 1,805 billion yuan, travel services at 1,793 billion yuan, other commercial services at 1,078 billion yuan, and telecommunications, computer, and information services at 715 billion yuan [1] Group 2 - In dollar terms, China's international balance of payments for goods and services trade in July was 3,459 billion USD for exports and 2,699 billion USD for imports, resulting in a surplus of 760 billion USD [1] - In July, the total turnover of China's foreign exchange market (excluding foreign currency markets) was 28.28 trillion yuan (equivalent to 3.96 trillion USD) [1] - From January to July, the cumulative turnover of China's foreign exchange market reached 179.15 trillion yuan (equivalent to 24.96 trillion USD) [2]

Core Insights - The State Administration of Foreign Exchange (SAFE) reported that in July 2025, China's international balance of payments for goods and services trade reached a total of 44,022 billion yuan, reflecting a year-on-year increase of 4% [1] Trade Data Summary - Goods trade exports amounted to 22,076 billion yuan, while imports were 15,484 billion yuan, resulting in a trade surplus of 6,593 billion yuan [1] - Service trade exports totaled 2,651 billion yuan, with imports at 3,811 billion yuan, leading to a trade deficit of 1,160 billion yuan [1] Service Trade Breakdown - The main components of service trade included transportation services with an import-export scale of 1,805 billion yuan, travel services at 1,793 billion yuan, other commercial services at 1,078 billion yuan, and telecommunications, computer, and information services at 715 billion yuan [1]

Core Viewpoint - As of the end of August 2022, China's foreign exchange reserves stood at $3,054.9 billion, reflecting a decrease due to factors such as exchange rate adjustments and asset price changes, despite a stable balance in domestic foreign exchange supply and demand [1] Group 1: Foreign Exchange Reserves - China's foreign exchange reserves decreased in August 2022, influenced by the rising US dollar index and overall decline in global financial asset prices [1] - The foreign exchange reserves were reported at $3,054.9 billion as of August 2022 [1] Group 2: Cross-Border Capital Flows - Cross-border capital flows were described as rational and orderly, with domestic foreign exchange supply and demand remaining fundamentally balanced [1] - The trade surplus for August was reported at $79.39 billion, a decrease of $21.88 billion from July but still a year-on-year increase of 34.1% [1] Group 3: Economic Environment - The external environment is becoming increasingly complex and severe, with heightened downward pressure on the global economy and significant volatility in international financial markets [1] - China's effective coordination of pandemic control and economic development, along with the implementation of a comprehensive economic stabilization policy, is expected to support the stability of foreign exchange reserves [1]

Group 1 - As of March 2025, China's foreign exchange reserves reached $32,407 billion, an increase of $134 billion from February, reflecting a growth rate of 0.42% [1] - The increase in foreign exchange reserves is attributed to the decline in the US dollar index and the overall drop in global financial asset prices, influenced by macroeconomic data and monetary policies from major economies [1][2] - China's foreign exchange reserves have remained stable above $3 trillion, making it the largest holder of foreign exchange reserves globally, which is crucial for maintaining economic and financial stability amid rising global uncertainties [1][2] Group 2 - As of March 2025, China's gold reserves increased to 7.37 million ounces, up from 7.361 million ounces in February, marking the fifth consecutive month of gold accumulation by the central bank [2] - The gold market has experienced significant price fluctuations in 2025, with spot gold prices recently dropping below $3,000 per ounce for the first time since March 21 [2] - The central bank's strategy to steadily increase gold reserves is driven by the need to mitigate geopolitical risks and market volatility, while also responding to rising demand for safe-haven assets [2][3]

Core Viewpoint - The preliminary data for the first half of 2025 indicates a significant current account surplus for China, driven by a strong goods trade surplus, while the capital and financial account shows a notable deficit [2][3]. Group 1: Current Account Overview - In the first half of 2025, China's current account surplus reached $300.6 billion, with a goods trade surplus of $456.6 billion and a services trade deficit of $1.059 billion [2]. - For the second quarter of 2025, the current account surplus was $135.1 billion, with a goods trade surplus of $219.1 billion and a services trade deficit of $465 million [2]. Group 2: Capital and Financial Account - The capital and financial account, including net errors and omissions, recorded a deficit of $275.8 billion in the first half of 2025 and a deficit of $135.1 billion in the second quarter [2]. Group 3: Trade and Service Dynamics - The total goods import and export under the international balance of payments increased by 2.4% year-on-year in the first half of 2025 [3]. - Service trade revenues grew by 13% year-on-year, with cross-border travel income surging by 42%, while service trade expenditures increased by 2%, leading to a 14% reduction in the service trade deficit [3]. Group 4: Future Outlook - The ongoing optimization of China's economic structure and the steady progress in financial market opening are expected to support the maintenance of a basic balance in international payments [4].