State Administration of Foreign Exchange: In August, the total cross-border balance of China's non-banking sector was 1.5 trillion US dollars, continuing the relatively rapid growth trend since this year

The Zhitong Finance App learned that on September 15, Li Bin, deputy director of the State Administration of Foreign Exchange and press spokesman, answered questions from reporters about the foreign exchange market situation in August 2026. Li Bin said that since August, the international financial market has continued to fluctuate, fluctuations in the bond market, foreign exchange market, etc. of some economies have increased, and China's foreign exchange market has been running steadily. Specifically: First, the scale of cross-border income and expenditure continues to grow, and the inflow of cross-border capital is maintaining a net inflow. In August, the total cross-border income and expenditure of non-banking sectors such as enterprises and individuals was 1.5 trillion US dollars, continuing the relatively rapid growth trend since this year. The net inflow of cross-border capital was US$62.4 billion, a slight increase of 4% over the previous month. Second, the volume of transactions in the foreign exchange market has increased steadily, and market expectations are generally stable. In August, the domestic foreign exchange market had a trading volume of 3.9 trillion US dollars, maintaining a high scale. The bank's foreign exchange settlement surplus of 48.5 billion US dollars is mainly a net inflow of foreign exchange capital. The exchange rate for corporate foreign exchange income settlement for the month was 61.5%, 2.7 percentage points lower than the average for the first 7 months of this year. The willingness of enterprises to settle and hold foreign exchange is relatively stable, and market expectations are generally stable.

The original text is as follows:

Li Bin, Deputy Director of the State Administration of Foreign Exchange and press spokesman, answered questions from reporters on the foreign exchange market situation in August 2026

Recently, the State Administration of Foreign Exchange released data on bank foreign exchange settlement and bank valet payments for August 2026. Li Bin, deputy director of the State Administration of Foreign Exchange and press spokesman, answered questions from reporters about the foreign exchange market situation in August 2026.

Q: What was the situation in China's foreign exchange market in August?

A: Since August, the international financial market has continued to fluctuate. Fluctuations in the bond and foreign exchange markets of some economies have increased, and China's foreign exchange market has been running steadily. See for details:

First, the scale of cross-border payments continues to grow, and the inflow of cross-border capital is maintaining a net inflow. In August, the total cross-border income and expenditure of non-banking sectors such as enterprises and individuals was 1.5 trillion US dollars, continuing the relatively rapid growth trend since this year. The net inflow of cross-border capital was US$62.4 billion, a slight increase of 4% over the previous month. Looking at the main channels: First, the net inflow of capital under trade in goods is quite high. Second, the increase in summer study abroad and travel contributed to a 6% month-on-month increase in trade in services deficits. Third, foreign-funded companies' dividend payments narrowed 23% month-on-month, falling from seasonal highs. Fourth, cross-border two-way direct investment is basically stable.

Second, the volume of transactions in the foreign exchange market has increased steadily, and market expectations are generally stable. In August, the domestic foreign exchange market had a trading volume of 3.9 trillion US dollars, maintaining a high scale. The bank's foreign exchange settlement surplus of 48.5 billion US dollars is mainly a net inflow of foreign exchange capital. The exchange rate for corporate foreign exchange income settlement for the month was 61.5%, 2.7 percentage points lower than the average for the first 7 months of this year. The willingness of enterprises to settle and hold foreign exchange is relatively stable, and market expectations are generally stable.

This article was compiled from the official website of the “State Administration of Foreign Exchange”. Zhitong Finance Editor: Feng Qiuyi.