• <nav id="c8c2c"></nav>
      • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
      • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
      • <nav id="c8c2c"><sup id="c8c2c"></sup></nav>
        <tr id="c8c2c"></tr>
      • a级毛片av无码,久久精品人人爽人人爽,国产r级在线播放,国产在线高清一区二区

        Global EditionASIA 中文雙語(yǔ)Fran?ais
        Business
        Home / Business / Finance

        China's forex market sees active trading in first three quarters

        Xinhua | Updated: 2024-10-22 13:25
        Share
        Share - WeChat
        A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. [Photo/IC]

        BEIJING -- China's foreign exchange market recorded active trading during the first nine months of this year, demonstrating strong resilience with market expectations and transactions remaining generally rational and orderly, the country's forex regulator said on Tuesday.

        China's foreign exchange market saw a turnover of $30.27 trillion from January to September 2024, up 10.1 percent year-on-year, Li Hongyan, deputy head of the State Administration of Foreign Exchange, told a press conference.

        Li noted that foreign exchange settlements and sales moved toward equilibrium, as exchange rate expectations among domestic entities remained stable and foreign exchange transactions were carried out in an orderly and sensible manner.

        Despite the complex global economic and financial landscape, China's foreign exchange market has weathered external challenges and shown signs of stabilization and improvement.

        The RMB exchange rate has remained stable amid two-way fluctuations, demonstrating increased flexibility, Li said. The balance of payments has also held steady -- underpinned by a solid trade surplus.

        Li highlighted growing equilibrium in cross-border capital movements, with foreign investment in China rising along with steady inflows into domestic bonds.

        Net foreign investment in domestic bonds surpassed $80 billion in the first three quarters of 2024, while foreign investment in Chinese equities saw notable improvement.

        Outbound investments by Chinese entities also progressed smoothly, as both direct and securities investments enjoyed steady growth, she said.

        The increasing maturity and resilience of China's foreign exchange market have enhanced its ability to adapt to external shifts, providing solid support for maintaining stability in the country's balance of payments, Li added.

        Top
        BACK TO THE TOP
        English
        Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
        License for publishing multimedia online 0108263

        Registration Number: 130349
        FOLLOW US
        CLOSE
         
        a级毛片av无码
        • <nav id="c8c2c"></nav>
          • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
          • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
          • <nav id="c8c2c"><sup id="c8c2c"></sup></nav>
            <tr id="c8c2c"></tr>