SAFE: China's foreign exchange market totaled 20.14 trillion yuan in April

April 2023 China announced by the State Administration of Foreign Exchange on May 26foreign exchange marketTransaction profile data show that in April 2023, China's foreign exchange market (excluding foreign currency pair market, the same below) totaled 20.14 trillion yuan (equivalent to 2.93 trillion US dollars). Among them, the bank-to-customer market transactions 2.91 trillion yuan (equivalent to 420 billion US dollars), the interbank market transactions 17.23 trillion yuan (equivalent to 2.50 trillion US dollars); the spot market transactions 7.34 trillion yuan (equivalent to 1.07 trillion US dollars), and the derivative market transactions 12.80 trillion yuan (equivalent to 1.86 trillion US dollars). From January to April 2023, the Chinese foreign exchange market accumulated 80.29 trillion yuan (equivalent to 11.71 trillion US dollars).

The data of our country's balance of payments goods and service trade in April 2023 released on the same day shows that in April 2023, the import and export scale of our country's balance of payments goods and service trade was 3.6698 trillion yuan, an increase of 7% year-on-year. Among them, the export of goods trade was 1.7982 trillion yuan, the import was 1.4059 trillion yuan, and the surplus was 392.30 billion yuan; the export of service trade was 174.80 billion yuan, the import was 291 billion yuan, and the deficit was 116.20 billion yuan. The main items of service trade are: the import and export scale of transportation services is 142 billion yuan, the import and export scale of travel services is 106.50 billion yuan, the import and export scale of other commercial services is 88 billion yuan, and the import and export scale of telecommunications, computer and information

In dollar terms, in April 2023, our country's balance of payments goods and services trade exports 286.50 billion US dollars, imports 246.50 billion US dollars, and a surplus of 40.10 billion US dollars.

In addition, SAFE released the data of our country's foreign portfolio investment assets by country/region and by resident holder department at the end of 2022. Statistics show that by the end of 2022, our country's foreign portfolio investment assets (excluding reserve assets) 1.0335 trillion US dollars. Among them, equity investment 590.20 billion US dollars, bond investment 443.30 billion US dollars. The top five countries/regions with assets are Hong Kong, the United States, the Cayman Islands, the British Virgin Islands and the United Kingdom, with investment amounts of 422.30 billion US dollars, 217.70 billion US dollars, 94.10 billion US dollars, 72.10 billion US dollars and 32.30 billion US dollars respectively. By the end of 2022, the sectors holding foreign securities assets in our country were mainly non-bank Financial Institution Group, banking and non-financial sectors, with investment amounts of 367.10 billion US dollars, 342.70 billion US dollars and 323.80 billion US dollars respectively, accounting for 36%, 33% and 31% of our country's total foreign securities investment.