China Release 丨 State Foreign Exchange Administration: In the first half of this year, banks' foreign exchange and sales surplus surplus 85.2 billion US dollars

China Net, July 22 (Reporter Zhao Xiaowen) On July 22, the State Council Information Office held a press conference on the situation of foreign exchange income and expenditure data in the first half of 2022. Wang Chunying, deputy director and spokesman of the State Administration of Foreign Exchange, said that since 2022, In my country, efficiently coordinating the prevention and control of the epidemic and economic and social development. Recently, the main macroeconomic indicators have risen steadily, and the overall economic development has resumed development. In this context, my country's foreign exchange market has increased toughness, the performance of the RMB exchange rate is relatively stable, and the flow of cross -border funds is generally stable.

From the perspective of banking and sales data, in the first half of 2022, according to US dollars, bank foreign exchange settlement was US $ 1328.9 billion, with foreign exchange sales of US $ 1243.6 billion, and a surplus of US $ 85.2 billion. According to RMB, banks settled 8.6 trillion yuan, 8.1 trillion yuan was sold, and the surplus of foreign exchange and sales was 545.2 billion yuan. From the perspective of bank agencies 'foreign -related receipt and payment data, according to the US dollar pricing, banks' foreign -related foreign -related income was US $ 3160 billion, foreign payment was US $ 3076.6 billion, and foreign -related payment surplus was 83.4 billion US dollars. According to RMB, banks' foreign -related income was 2.05 trillion yuan, and foreign payment was 20 trillion yuan, and the foreign -related payment surplus was 533 billion yuan.

Wang Chunying introduced that in the first half of this year, the overall continuation of foreign exchange sales and cross -border revenue and expenditure in my country. In the first half of the year, banks' exchange sales and foreign -related revenue and expenditure all showed a surplus of more than 80 billion US dollars, mainly because of the basic surplus of cargo trade and direct investment maintained a high scale. Among them, in the first quarter, foreign exchange and sales and foreign -related income and expenditure surplus remained high, respectively, 58.7 billion and 62.2 billion US dollars; in the second quarter, in more complex internal and external environments, the surplus and foreign revenue and expenditure surplus were 26.5 billion and 211, respectively. One hundred million U.S. dollars.

In the first half of this year, the exchange rate sales rose slightly, and corporate cross -border financing remained stable. To measure the exchange rate of foreign exchange, customers buy foreign exchange from banks and customers involving foreign exchange expenditures of 66%, an increase of 2 percentage points from the same period last year. From the perspective of foreign financing, as of the end of June this year, the balance of foreign exchange loans in market entities such as Chinese enterprises such as companies such as companies such as companies such as US $ 351 billion was basically the same as at the end of 2021. The balance of cross -border trade financing such as imported overseas payment and long -term credit certificates was 116.4 billion US dollars, a slight decline from the end of 2021.

In addition, in the first half of this year, the exchange rate of foreign exchange settlement rose steadily, the balance of foreign exchange deposits of enterprises was basically stable, the scale of foreign exchange derivatives remained increased, and the awareness of market entity exchange rate risk management awareness steadily increased. As of the end of June this year, the balance of foreign exchange deposits in market entities such as enterprises was US $ 695.1 billion, which was basically the same as at the end of 2021. The scale of the risk of the exchange rate of derivative products such as long -term and options exceeds 750 billion US dollars, an increase of 29%year -on -year. Increase 4.1 percentage points.

In the first half of this year, the scale of foreign exchange reserves in my country was basically stable. At the end of June, the scale of foreign exchange reserves in my country was US $ 3071.3 billion. According to Wang Chunying, since the beginning of this year, the US dollar index has risen significantly, the prices of financial assets in major countries have fallen sharply, and foreign exchange reserves are priced in US dollars. After converted into US dollars, the amount of amount will decrease and change with asset price changes. An important reason.

Wang Chunying said that in the next step, the Foreign Exchange Bureau will further deepen the reform and opening up in the field of foreign exchange, promote the facilitation of cross -border trade and investment and financing, and serve the development of the real economy. At the same time, strengthen the research and judgment of the foreign exchange income and expenditure situation, and continuously improve the two -in -one regulatory framework of "macro -prudential+micro -supervision" in the foreign exchange market, maintaining the steady operation of the foreign exchange market and the security of national economic and financial security.

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