答：11月以来，国际金融市场延续较高波动态势，美元指数总体走弱，主要非美货币表现偏强。我国外 汇市场继续保持平稳运行。一是外汇市场供求延续基本平衡。11月，银行结汇和售汇规模均保持稳定， 结售汇顺差157亿美元，与10月基本相当。二是跨境收支保持活跃。11月，企业、个人等非银行部门跨 境收入和支出合计为1.3万亿美元，环比增长8%，跨境收支顺差178亿美元，低于9至10月平均240亿美 元的水平。分项目看，货物贸易仍是主要的资金净流入渠道，服务贸易、投资收益、直接投资项下资金 流动保持稳定，近期证券投资项下资金流动更趋平稳。总体看，当前我国外贸外资保持韧性，跨境资金 流动和外汇市场预期平稳，外汇交易稳健有序。 人民财讯12月19日电，日前，国家外汇管理局公布了2025年11月银行代客涉外收付款和结售汇数据。国 家外汇管理局副局长、新闻发言人李斌就2025年11月外汇市场形势回答了记者提问。 问：您如何评价11月以来我国外汇市场运行情况？ ...

Core Insights - The provincial government is focusing on economic stability and growth, emphasizing the importance of high-quality development to contribute to the national economy [2] - There is a strong push to develop the sports economy and enhance leisure consumption through the promotion of quality sports events [3] Economic Performance - The overall economic performance in the first three quarters is stable with progress, and there is a need to implement major decisions from the central government [2] - Strategies include stabilizing employment, businesses, markets, and expectations while promoting industrial growth and supporting enterprises with high capacity utilization [2] Investment and Consumption - The government aims to expand consumption by increasing the supply of cultural tourism and sports resources, as well as enhancing services in areas like home care and childcare [2] - There is a focus on stabilizing and expanding investments, accelerating the completion of ongoing projects, and planning major projects to meet funding needs [2] Safety and Regulation - Emphasis is placed on enhancing safety management capabilities and ensuring stable safety production across various sectors, particularly in gas, electric bicycles, and crowded venues [3] - The government is committed to improving public trust and addressing grievances through targeted actions and better service delivery [3] Sports Economy Development - The government is implementing decisions to develop the sports economy, aiming to enhance the supply of quality sports events and create well-known event brands [3] - There is a focus on integrating sports events with consumer activities to drive high-quality development in the sports industry [3]

Core Insights - The Shanghai Municipal Committee emphasizes the need to consolidate economic recovery momentum through policy and reform effects, aiming to achieve annual economic and social development goals [1][5] Group 1: Economic Development - Shanghai's economic recovery is supported by various district initiatives, with significant improvements in employment rates and reductions in complaints [1][2] - The city aims to enhance consumer spending and investment, leveraging events like the Import Expo to stimulate economic activity [4][5] - The focus is on maintaining stable employment, businesses, and market expectations while ensuring effective policy implementation [6] Group 2: District Initiatives - Multiple districts, including Putuo and Hongkou, report significant growth in retail sales and investment, with Hongkou leading in social consumption and green industry scale [2][3] - Yangpu district promotes innovative practices in community management and infrastructure projects, achieving high fixed asset investment growth [2][3] - Fengxian district addresses local governance issues and leads in cosmetic product registrations, while also completing housing projects ahead of schedule [3] Group 3: Governance and Policy Implementation - The city government is focused on improving the efficiency of public services and enhancing the legal framework for citizen engagement [4] - The emphasis is on collaborative governance and proactive measures to address social issues and enhance public safety [5][6] - The administration is committed to high-level reforms and strategic planning for the upcoming "15th Five-Year Plan" [6]

Core Viewpoint - China's foreign trade and foreign investment have shown strong resilience and continued stable growth despite challenges such as domestic COVID-19 outbreaks and a difficult global economic recovery, with foreign trade achieving a total value of 19.8 trillion yuan, a year-on-year increase of 9.4% in the first half of the year [1][2]. Group 1: Foreign Trade Performance - China's total foreign trade value reached 19.8 trillion yuan in the first half of the year, marking a 9.4% year-on-year growth [1]. - Foreign trade has achieved positive year-on-year growth for eight consecutive quarters, demonstrating strong development resilience and comprehensive competitiveness [1]. - In May, foreign trade imports and exports grew by 9.5% year-on-year, with June's growth further increasing to 14.3% [2]. Group 2: Foreign Investment Trends - Actual foreign investment in China reached 564.2 billion yuan in the first five months, reflecting a 17.3% year-on-year increase [1]. - High-tech industries saw a 42.7% year-on-year growth in actual foreign investment, with high-tech manufacturing and services growing by 32.9% and 45.4%, respectively [4]. - Contracts for foreign investment projects exceeding 100 million dollars totaled 476.8 billion dollars in the first five months, a 40.3% increase year-on-year [4]. Group 3: Policy Support and Business Environment - The Chinese government has implemented a series of measures to stabilize foreign trade and investment, including streamlining customs processes and enhancing support for foreign enterprises [6][8]. - Companies like Siemens are expanding their operations in China, citing a favorable business environment and robust supply chain ecosystems as key factors for their investment decisions [5]. - The introduction of expedited processes for export tax refunds has significantly alleviated cash flow pressures for many businesses [8]. Group 4: Supply Chain and Innovation - China's supply chain advantages remain significant, with a comprehensive industrial system that is difficult to replace [10][11]. - The innovation-driven development strategy has led to improvements in the quality and structure of foreign trade and investment [4][11]. - The establishment of new projects, such as the Louis Dreyfus food industry park, highlights the ongoing attractiveness of the Chinese market for foreign investment [12][13].

Core Viewpoint - China's foreign trade and foreign investment are showing resilience and growth despite external challenges, supported by strong policy measures and a diversified trade partner structure [2][4][5]. Group 1: Foreign Trade Performance - In the first half of the year, China's total import and export volume reached 21.79 trillion yuan, with a year-on-year growth of 2.9% [2]. - Exports in June alone increased by 7.2% year-on-year, indicating strong external resilience [2]. - Trade with Africa reached a record high of 1.18 trillion yuan, growing by 14.4%, with exports to Africa increasing by 23.0% [2]. Group 2: Trade Structure and Product Competitiveness - The export of mechanical and electrical products amounted to 7.8 trillion yuan, growing by 9.5%, accounting for 60% of total exports [3]. - High-tech and high-value-added products, such as electric vehicles and industrial robots, are leading the growth in exports [3][4]. - The diversification of trade partners, particularly with RCEP countries, has contributed to the stability of foreign trade [4][6]. Group 3: Policy Support and Market Diversification - Strong policy support has been crucial, with the government emphasizing high-level openness and stability in foreign trade and investment [5][12]. - The number of newly established foreign-funded enterprises exceeded 59,000, reflecting a 9.9% year-on-year increase, indicating strong market confidence [17]. - The focus on high-value industries, such as pharmaceuticals and technology services, shows a shift in foreign investment towards more advanced sectors [17][18]. Group 4: Service Trade Development - Service trade is expected to become a key growth area, with a projected total import and export volume exceeding 7.5 trillion yuan in 2024, growing at 14.4% [8]. - Knowledge-intensive service trade is showing significant growth, with personal cultural and entertainment services exports increasing by 39.3% [9][10]. - The structural upgrade in service trade is supported by policy initiatives aimed at enhancing market access and promoting high-quality development [10][11]. Group 5: Integration of Domestic and Foreign Trade - The integration of domestic and foreign trade is seen as a strategy to buffer against external risks, leveraging the domestic market to offset declining external demand [14]. - Policies are being implemented to reduce operational costs for foreign trade enterprises transitioning to domestic sales [14][13]. - The establishment of a unified national market is aimed at facilitating smoother operations for businesses facing different market standards [14]. Group 6: Foreign Investment Trends - Despite a global decline in foreign direct investment, China's actual use of foreign investment remained high at approximately $163 billion in 2023, reflecting a strategic shift towards deeper engagement in the Chinese market [16][18]. - The focus on high-value sectors is evident, with significant growth in e-commerce services and aerospace manufacturing [17]. - The removal of restrictions in the manufacturing sector and the gradual opening of service industries signal China's commitment to attracting foreign investment [18][19]. Group 7: Free Trade Zones and High-Level Openness - Free trade zones have become critical in stabilizing foreign trade and investment, with innovative policies reducing institutional costs for businesses [19]. - The emphasis on aligning with international high-standard trade rules is expected to enhance China's global trade position [20]. - The integration of policy innovations within free trade zones aims to create a more favorable business environment and attract foreign investment [20].

Group 1: Trade Performance - Since the launch of the China-Europe Railway Express in 2013, the Manzhouli railway port has seen a cumulative traffic of over 30,000 trains, sending nearly 3 million TEUs, accounting for about 30% of the national total [1] - In the first half of this year, China's total import and export trade reached 21.79 trillion yuan, a year-on-year increase of 2.9%, with exports at 13 trillion yuan, growing by 7.2% [1] - The export of electromechanical products reached 7.8 trillion yuan, a year-on-year increase of 9.5%, making up 60% of total exports [1] Group 2: Foreign Investment - In the first half of 2025, 30,014 new foreign-invested enterprises were established in China, a year-on-year increase of 11.7% [2] - Direct investment net inflow from equity nature reached 31.1 billion USD, a year-on-year increase of 16% [2] - Foreign enterprises contributed significantly to China's economic growth, with foreign-invested enterprises' import and export volume reaching 6.32 trillion yuan, a year-on-year increase of 2.4% [5] Group 3: Private Enterprises - Private enterprises are the main force in exports, with their import and export volume reaching 12.48 trillion yuan, a year-on-year increase of 7.3%, accounting for 57.3% of China's foreign trade [3] - The equipment manufacturing sector, particularly in shipbuilding, automobiles, and specialized equipment, has seen double-digit growth in exports [3] Group 4: Market Dynamics - The "export rush" phenomenon has contributed to the growth in trade, with exports to non-U.S. countries maintaining rapid growth, particularly to ASEAN and the EU, with year-on-year increases of 13.0% and 6.6% respectively [4] - The net export of goods and services contributed 1.7 percentage points to China's economic growth, which is 1.0 percentage points higher than the previous year [4] Group 5: Future Outlook - Experts indicate that while the first half of the year showed resilience in foreign trade, the second half will face multiple uncertainties, including global unilateralism and protectionism [7] - The "export rush" effect may continue to drive export growth, but uncertainties in U.S. tariff policies could impact future trade dynamics [7] - The Chinese market remains an attractive option for foreign investment, with significant projects being launched, indicating a strong commitment from foreign enterprises [6]

Group 1 - The core project of TOSOT Group's Asia-Pacific R&D and manufacturing headquarters in Suzhou Industrial Park has entered full construction phase with a total investment of $70 million, expected to be completed by 2026 [1] - Suzhou Industrial Park has attracted over 5,200 foreign investment projects, with actual foreign investment exceeding $42 billion, and is home to 108 Fortune 500 companies [3] - The park's foreign trade and foreign investment position is further solidified, with a projected actual foreign investment of $2 billion in 2024 [3] Group 2 - The successful establishment of TOSOT Group's project is attributed to the park's efficient administrative support and a mature industrial ecosystem [2] - The park has implemented a "stabilizing foreign trade" task force that has shown positive results, with a 15.7% year-on-year increase in import and export value from January to April [5] - The park's import and export value is expected to reach 677 billion yuan in May, reflecting an 18.6% year-on-year growth [5] Group 3 - The China-Singapore Group plays a crucial role in maintaining stable growth in foreign trade and investment, having attracted over 2,570 projects and registered foreign investment exceeding $19.1 billion [6] - The Ministry of Commerce supports financing for national-level economic development zones through listing and other means to expand financing channels [7]