China’ SAFE Releases Foreign Exchange Data in April 2021

China's State Administration of Foreign Exchange (SAFE), the Chinese government's foreign exchange and international trade agency, has released its foreign exchange settlement and sales by banks and data on foreign-related receipts and payments by non-banking Sectors in April 2021.

As shown in the statistics of the State Administration of Foreign Exchange (SAFE), in April 2021, the amount of foreign exchange settlement and sales by banks was RMB 1241.2 billion and RMB 1226.8 billion, respectively, with a surplus of RMB 14.4 billion. During January to April 2021, the accumulative amount of foreign exchange settlement and sales by banks was RMB 5067.4 billion and RMB 4479.5 billion, respectively, with an accumulative surplus of RMB 587.9 billion.

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In the US dollar terms, in April 2021, the amount of foreign exchange settlement and sales by banks was USD 190.4 billion and USD 188.2 billion, respectively, with a surplus of USD 2.2 billion. During January to April 2021, the accumulative amount of foreign exchange settlement and sales by banks was USD 780.5 billion and USD 689.8 billion, respectively, with an accumulative surplus of USD 90.7 billion.

In April 2021, the amount of cross-border receipts and payments by non-banking sectors was RMB 3000.2 billion and RMB 2895.5 billion, respectively, with a surplus of RMB 104.6 billion. During January to April 2021, the accumulative amount of cross-border receipts and payments by non-banking sectors was RMB 12054.5 billion and RMB 11163.4 billion, respectively, with an accumulative surplus of RMB 891.1 billion.

In the US dollar terms, in April 2021, the amount of cross-border receipts and payments by non-banking sectors was USD 460.1 billion and USD 444.1 billion, respectively, with a surplus of USD 16.0 billion. During January to April 2021, the accumulative amount of cross-border receipts and payments by non-banking sectors was USD 1856.6 billion and USD 1719.2 billion, respectively, with an accumulative surplus of USD 137.4 billion.

Source: SAFE