China’ SAFE Releases Foreign Exchange Data in May 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 May 2021.

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​As shown in the statistics of the State Administration of Foreign Exchange (SAFE), in May 2021, the amount of foreign exchange settlement and sales by banks was RMB 1242.0 billion and RMB 1095.2 billion, respectively, with a surplus of RMB 146.8 billion. During January to May 2021, the accumulative amount of foreign exchange settlement and sales by banks was RMB 6309.4 billion and RMB 5574.7 billion, respectively, with an accumulative surplus of RMB 734.7 billion.
In the US dollar terms, in May 2021, the amount of foreign exchange settlement and sales by banks was USD 193.1 billion and USD 170.3 billion, respectively, with a surplus of USD 22.8 billion. During January to May 2021, the accumulative amount of foreign exchange settlement and sales by banks was USD 973.6 billion and USD 860.1 billion, respectively, with an accumulative surplus of USD 113.5 billion.
In May 2021, the amount of cross-border receipts and payments by non-banking sectors was RMB 2782.0 billion and RMB 2655.0 billion, respectively, with a surplus of RMB 127.0 billion. During January to May 2021, the accumulative amount of cross-border receipts and payments by non-banking sectors was RMB 14836.4 billion and RMB 13818.4 billion, respectively, with an accumulative surplus of RMB 1018.1 billion.
In the US dollar terms, in May 2021, the amount of cross-border receipts and payments by non-banking sectors was USD 432.5 billion and USD 412.8 billion, respectively, with a surplus of USD 19.7 billion. During January to May 2021, the accumulative amount of cross-border receipts and payments by non-banking sectors was USD 2289.1 billion and USD 2132.0 billion, respectively, with an accumulative surplus of USD 157.1 billion.

Source: SAFE