According to the statistics by the State Administration of Foreign Exchange (SAFE), by the end of May 2025, China's foreign exchange reserves totaled USD 3.2853 trillion, up by USD 3.6 billion or 0.11% from the end of April 2025.
In May 2025, driven by factors such as the fiscal policies, monetary policies, and economic growth expectations of major economies, the US dollar index experienced minor fluctuations, and global financial asset prices exhibited mixed performance. China's foreign exchange reserves increased this month due to the combined effects of currency translation and changes in asset prices. The Chinese economy has sustained its momentum of recovery and growth, with steady improvement in the quality of development, providing support for sustaining a stable scale of foreign exchange reserves.