Core Viewpoint - In August, China's foreign exchange market recorded a total transaction volume of 24.08 trillion yuan, indicating significant activity in both the customer and interbank markets [1] Group 1: Market Transactions - In August, the bank-to-customer market transactions amounted to 3.71 trillion yuan, while the interbank market transactions reached 20.37 trillion yuan [1] - The spot market saw a cumulative transaction of 9.16 trillion yuan, while the derivatives market accounted for 14.93 trillion yuan in cumulative transactions [1] - From January to August, the cumulative transaction volume in China's foreign exchange market totaled 203.23 trillion yuan [1]

Core Insights - In August 2025, China's foreign exchange market recorded a total transaction volume of 24.08 trillion RMB (approximately 3.38 trillion USD) [1] - The customer market transactions amounted to 3.71 trillion RMB (about 0.52 trillion USD), while interbank market transactions reached 20.37 trillion RMB (around 2.86 trillion USD) [1] - The spot market transactions totaled 9.16 trillion RMB (approximately 1.28 trillion USD), and the derivatives market transactions were 14.93 trillion RMB (about 2.09 trillion USD) [1] - Cumulatively, from January to August 2025, the total transaction volume in China's foreign exchange market was 203.23 trillion RMB (equivalent to 28.33 trillion USD) [1]

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]