Lates News

date
07/06/2026
According to statistics from the State Administration of Foreign Exchange, as of the end of May 2026, China's foreign exchange reserves reached $3.4422 trillion, an increase of $31.7 billion from the end of April, representing a growth rate of 0.93%. In May 2026, the global macroeconomic environment, expectations of monetary policies of major economies, and other factors led to the rise of the US dollar index and overall increase in global financial asset prices. The combination of exchange rate conversion and changes in asset prices resulted in the increase of foreign exchange reserves that month. China's economy maintained a steady and progressive development trend, with high-quality development being solidly promoted, providing support for the basic stability of the foreign exchange reserves. (State Administration of Foreign Exchange)