State Administration of Foreign Exchange: In the first half of this year, China's cross-border funds showed a net inflow.

The State Council Information Office will hold a press conference at 10:00 today to introduce the foreign exchange receipts and payments situation in China in the first half of 2026. Data from the State Administration of Foreign Exchange show that there was a net inflow of cross-border funds in the first half of the year. Li Bin, Deputy Director of the State Administration of Foreign Exchange: In the first half of the year, non-banking sectors such as enterprises and individuals had a net inflow of cross-border funds of $247.2 billion. Looking at monthly changes, in January and February, enterprises concentrated on receiving payments before the Spring Festival, leading to a relatively high net inflow of cross-border funds; in March, geopolitical conflicts escalated, international financial market fluctuations increased, and there was a slight net outflow of cross-border funds in China, followed by a return to net inflow, with the net inflow slowing down since June. By category, in the first half of the year, the net inflow of funds under merchandise trade continued to increase compared to the same period last year, overall foreign investment in China increased, growth in service trade revenue accelerated and the deficit narrowed, and overall domestic entities' investment abroad continued to grow.