ChineseEnglish
    SAFE News
    • Index number:
      000014453-2020-0026
    • Dispatch date:
      2020-02-21
    • Publish organization:
      State Administration of Foreign Exchange
    • Name:
      SAFE Press Spokesperson and Chief Economist Wang Chunying Answers Media Questions on Foreign Exchange Receipts and Payments for January 2020
    SAFE Press Spokesperson and Chief Economist Wang Chunying Answers Media Questions on Foreign Exchange Receipts and Payments for January 2020

    The State Administration of Foreign Exchange (SAFE) has recently disseminated the data on banks' foreign-related receipts and payments for customers for January 2020. SAFE Press Spokesperson and Chief Economist Wang Chunying answered media questions on foreign exchange receipts and payments for January 2020.

    Q: Could you brief us on the situations of China’s foreign exchange receipts and payments in January 2020? What changes have occurred recently?

    A: Chinas foreign exchange receipts and payments remained generally stable and the supply and demand of the foreign exchange market maintained a basic equilibrium in January. The highlights are as follows: Firstly, the foreign-related receipts and payments of non-banking sectors remained in surplus in January, which hit USD 7.4 billion, indicating net inflows have been maintained since December 2019. Secondly, based on the preliminary data, banks’ foreign exchange settlement and sales represented a slight surplus in the month. Considering the forward foreign exchange settlement and sales, options and other supply and demand factors, the supply-demand of the foreign exchange market was in a basic equilibrium. Thirdly, foreign exchange reserves rose steadily. The balance of foreign exchange reserves stood at USD 3.1155 trillion at the end of January, up by USD 7.6 billion from the end of 2019. Fourthly, the cross-border capital flows via major channels were relatively stable, and foreign-related receipts and payments under trade in goods, direct investment and portfolio investment remained in surplus.

    Since the beginning of February, despite the impact of the COVID-19 epidemic, the foreign exchange market has maintained stable operation, showing the market is becoming more mature and rational. After a short adjustment, the RMB exchange rate has continued to show slight two-way fluctuations with both ups and downs. The supply and demand of foreign exchange market maintains a basic equilibrium, the foreign-related receipts and payments of non-banking sectors remain stable, and the foreign-related transactions of market players including enterprises and individuals are rational and orderly, indicating that China’s foreign exchange market has become more mature, and can better absorb and adapt to the impact of relevant events.

    Going forward, Chinas foreign exchange market is expected to maintain stable operation, based on a solid foundation and favorable conditions. On the one hand, the impact of the epidemic will be short-lived and limited, while China’s economy is resilient, there’s ample room for macro-control policies, and the fundamentals sustaining sound and high-quality economic growth over the long term haven't changed, which will continue to bolster the stability of China’s foreign exchange market. On the other hand, China’s opening-up has been deepened, the domestic business environment has been improving, and the internationalization level of the capital market has been rising, which will continue to attract mid- and long-term investment.

    The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

    Contact Us | For Home | Join Collection

    State Administration of Foreign Exchange

    主站蜘蛛池模板: 亚洲精品视频在线观看你懂的| 国产欧美视频高清va在线观看| 久久国产一区二区三区| 爆乳熟妇一区二区三区霸乳| 国产乱码精品一区二区三区四川人| 91在线亚洲综合在线| 成人精品一区二区户外勾搭野战| 亚洲va久久久噜噜噜久久狠狠| 男生插入女生下面视频| 国产伦精品一区二区三区视频小说| 亚洲av第一网站久章草| 精品久久久久久无码中文字幕| 国产成人教育视频在线观看| 99视频免费播放| 成年人黄色大片大全| 久青草久青草视频在线观看| 波多野结衣被躁五十分钟视频| 国产精品va一级二级三级| 一个人看的www在线观看免费| 欧美激情在线播放一区二区三区 | 亚洲精品福利网站| 美女黄频a美女大全免费皮| 国产成人综合久久精品尤物| 97人洗澡从澡人人爽人人模| 强行扒开双腿猛烈进入免费视频| 久久夜色精品国产噜噜麻豆| 欧美午夜理伦三级在线观看| 亚洲麻豆精品果冻传媒| 美国十次啦大导航| 国产又大又黑又粗免费视频| 老司机久久精品| 手机在线观看精品国产片| 人人爽人人爽人人爽人人片av| 色妞色综合久久夜夜| 国产无遮挡又黄又爽免费网站| 91精品国产自产在线观看高清| 小sao货赵欢欢的大学生活txt| 亚洲精品国产福利片| 精品视频免费在线| 国产午夜精品无码| jizzjizzjizzjizz日本|