央视网消息：国家外汇管理局19日公布统计数据显示，2025年11月，银行结汇14840亿元人民币，售汇13732亿元人民币。 针对11月外汇市场形势，国家外汇管理局副局长、新闻发言人李斌表示，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。 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。 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。 ...

从跨境收支表现看，11月反映企业、个人等非银行部门跨境收支的银行代客涉外收支规模合计为1.3万 亿美元，环比增长8%，继续维持在高位水平。今年以来我国涉外收支总规模稳步增加，反映出跨境贸 易活动保持活跃。从收支差额看，当月跨境收支顺差178亿美元，延续跨境资金净流入态势。 国家外汇管理局12月19日公布的2025年11月银行结售汇和银行代客涉外收付款数据显示，当月外汇市场 供求基本平衡，企业、个人等非银行部门跨境资金净流入178亿美元，跨境收支继续保持活跃。 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。在此背景 下，我国外汇市场继续保持平稳运行。国家外汇管理局副局长、新闻发言人李斌进一步总结称，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。 从外汇市场供求表现看，11月银行结汇和售汇规模均保持稳定，当月结售汇顺差157亿美元，较上月有 所收窄，反映出当月外汇市场供求更趋平衡，市场情绪和预期较为平稳。 从跨境资金流动主要渠道看，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。李斌还表示，近期证券投资项下资 ...

本报记者 刘琪 12月19日，国家外汇管理局公布2025年11月份银行结售汇和银行代客涉外收付款数据。数据显示，按美元计值，2025年11 月份，银行结汇2095亿美元，售汇1938亿美元。2025年1月份至11月份，银行累计结汇22769亿美元，累计售汇21804亿美元。 按美元计值，2025年11月份，银行代客涉外收入6545亿美元，对外付款6367亿美元。2025年1月份至11月份，银行代客累 计涉外收入71481亿美元，累计对外付款69594亿美元。 "11月份以来，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。"谈及11月份以来我国外汇市场运行情况，国家外汇管理局副局长、新闻发言人李斌表示，一是外汇市场供求延续基 本平衡。11月份，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月份基本相当。二是跨境收支保持活跃。11 月份，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月份至10 月份平均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 ...

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。 问：您如何评价11月以来我国外汇市场运行情况？ 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。 ...

智通财经APP获悉，国家外汇管理局副局长、新闻发言人李斌就2025年11月外汇市场形势答记者问时表 示，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。 原文如下： 国家外汇管理局副局长、新闻发言人李斌就2025年11月外汇市场形势答记者问 本文编选自"国家外汇管理局"官网，智通财经编辑：刘家殷。 问：您如何评价11月以来我国外汇市场运行情况? 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 ...

国家外汇管理局副局长、新闻发言人李斌就2025年11月外汇市场形势答记者问。李斌表示，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。 (本文来自第一财经) ...

Core Viewpoint - The cross-border payment and settlement scale in China has significantly increased during the "14th Five-Year Plan" period, with a projected total of $14 trillion in 2024, marking a 64% growth compared to 2020, and a 10.5% year-on-year increase in the first three quarters of this year [3][5][6]. Group 1: Cross-Border Trade - The scale of cross-border trade has expanded, with the average annual growth rate during the "14th Five-Year Plan" period being 8 percentage points higher than that of the "13th Five-Year Plan" [3]. - The total value of imports and exports in Gansu Province is expected to exceed 60 billion yuan for the first time in nearly a decade, with an average annual growth rate of 13.9% since 2021 [5]. - The average annual scale of service trade imports and exports has exceeded $860 billion, representing a 26% increase compared to the "13th Five-Year Plan" period [6]. Group 2: Financial Stability - As of June 2025, China's foreign financial assets exceeded $11 trillion, while foreign liabilities surpassed $7.2 trillion, resulting in a net foreign asset of $3.8 trillion, ranking third globally [7]. - The foreign exchange market has been enhanced with a dual management framework, which has effectively responded to external shocks and maintained a stable environment for cross-border payments [7]. Group 3: Service Trade Facilitation - The efficiency of cross-border fund settlement has significantly improved due to the implementation of facilitation policies, allowing companies to complete transactions much faster than before [8][9]. - The introduction of direct settlement for cross-border e-commerce transactions has streamlined processes, reducing the time required for fund settlement to one working day [10]. Group 4: Open Market Developments - The issuance of Panda bonds by foreign entities in China's interbank bond market has continued to grow, with cumulative issuance surpassing 1 trillion yuan [11]. - Reforms in the Qualified Foreign Institutional Investor (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) systems have simplified approval processes and enhanced cross-border capital management [12]. - The overall scale of foreign investment in domestic securities has increased by 6% since the beginning of the "14th Five-Year Plan" [13].

Group 1: Financial Performance - In the first three quarters, Guangxi's social financing scale increased by 424.85 billion yuan, with total deposits and loans reaching 4.92 trillion yuan and 5.66 trillion yuan respectively, reflecting year-on-year growth of 6.4% and 6.0% [1] - The financing structure in Guangxi has improved, with net financing from corporate and government bonds and domestic stock financing totaling 165.564 billion yuan, an increase of 42.526 billion yuan year-on-year, accounting for 39% of the social financing scale increment [1] - The weighted average interest rate for newly issued loans in Guangxi was 3.1%, a decrease of 51 basis points year-on-year [1] Group 2: Sectoral Insights - Guangxi's medium to long-term loans for the manufacturing sector grew at a rate 11.9 percentage points higher than the overall loan growth [1] - Loans to small and micro enterprises and inclusive small micro loans increased by 11.3% and 11.1% year-on-year respectively, while green loans increased by 93.3 billion yuan since the beginning of the year [1] - The foreign exchange market in Guangxi showed a positive trend, with a total foreign exchange receipt and payment scale of 52.758 billion USD, a year-on-year increase of 17.67% [2]

Core Insights - The foreign exchange market in China has shown resilience and vitality, with significant growth in cross-border capital flows and foreign investments [1][3][5] Group 1: Foreign Exchange Market Performance - As of July, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits, with the RMB's share in cross-border trade rising to nearly 30% [1][5] - The cross-border capital flow is projected to reach 14 trillion USD in 2024, a 64% increase from 2020, with an average annual growth rate during the "14th Five-Year Plan" period 8 percentage points higher than the previous period [3][4] - The trading volume in the foreign exchange market is expected to be 41 trillion USD in 2024, a 37% increase from 2020, indicating a deepening market with sufficient capacity for various transactions [3][4] Group 2: Market Structure and Functionality - The foreign exchange market has become more complete and deepened, with 703 banks and 115 non-bank institutions participating, including 296 foreign institutions [3][4] - The infrastructure for trading, clearing, and payment has improved, effectively reducing transaction costs and settlement risks, thereby better serving the real economy [3][4] Group 3: Stability and Management - The RMB exchange rate has shown increased flexibility, acting as an automatic stabilizer for the macro economy and international balance of payments, with the corporate foreign exchange hedging ratio rising from 17% in 2020 to around 30% [4][5] - The macro-prudential management system for the foreign exchange market is gradually improving, with enhanced counter-cyclical adjustment tools to manage external risks [4][5] Group 4: Future Outlook - The long-term positive fundamentals of the Chinese economy and steady high-level opening-up are expected to support a stable international balance of payments [4][6] - The foreign exchange reserve has remained stable above 3 trillion USD, providing a strong foundation for economic stability and growth [6]

Core Viewpoint - The press conference highlighted the achievements of China's financial sector during the "14th Five-Year Plan" period, emphasizing the stability and resilience of the foreign exchange market amidst a complex external environment [1][2][3] Group 1: Achievements in Foreign Exchange Sector - The foreign exchange sector has effectively balanced development and security, supporting the new development pattern with a stable foreign exchange reserve above $3 trillion [1] - The cross-border capital flow has shown strong vitality, with a projected cross-border payment scale of $14 trillion in 2024, a 64% increase from 2020, and an average annual growth rate 8 percentage points higher than the previous five-year period [1] - The foreign exchange market has maintained stability, with increased market vitality and resilience, characterized by a balanced international payment and a reasonable current account surplus to GDP ratio [1] Group 2: Market Functionality and Structure - The foreign exchange market has expanded significantly, with a trading volume of $41 trillion in 2024, a 37% increase from 2020, and a diverse range of participants including 703 banks and 115 non-bank institutions [2] - The infrastructure for trading, clearing, and payment has improved, reducing transaction costs and settlement risks, thereby better serving the real economy [2] - The rational and orderly trading in the foreign exchange market has enhanced its stability, with the proportion of enterprises using foreign exchange hedging rising from 17% in 2020 to around 30% [2] Group 3: Future Outlook - The long-term positive economic fundamentals and steady high-level opening up will support a stable international payment balance, while the market-oriented formation mechanism of the RMB exchange rate continues to improve [3] - Enhanced macro-prudential management of the foreign exchange market will provide a stronger foundation for healthy development in the "15th Five-Year Plan" period [3]