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The State Administration of Foreign Exchange (SAFE) has recently released data on foreign exchange settlement and sales by banks as well as cross-border receipts and payments by non-banking sectors in August 2022. The SAFE Deputy Administrator and Press Spokesperson Wang Chunying answered media questions on China’s foreign exchange receipts and payments of August 2022. Q: Could you brief us on China’s foreign exchange receipts and payments in August 2022? A: China’s foreign exchange market showed strong resilience, and foreign exchange settlement and sales by banks as well as cross-border receipts and payments by non-banking sectors both recorded a surplus. In August, the foreign exchange settlement and sales by banks registered a surplus of USD 25 billion, while the foreign-related receipts and payments by non-banking sectors, including enterprises and individuals, posted a surplus of USD 11.3 billion, both higher than the monthly average since the beginning of this year. Market expectations remained stable, and the transactions in China’s foreign exchange market were in a rational and orderly manner. Recently, against the background of the strengthening of the US dollar, non-US currencies generally depreciated, but the exchange rate of the RMB was relatively stable, and relevant indicators reflecting exchange rate expectations in the foreign exchange market were running smoothly. In August, the foreign exchange settlement rate, the measurement of customers’ desire to settle foreign exchange, or the ratio of foreign exchange sold by customers to banks to foreign exchange received by customers, reached 71%, which was 3 percentage points higher than the monthly average this year. It shows that market players maintained a rational trading mode of “settlement of foreign exchange at higher rates”, and their willingness to settle foreign exchange has been strengthened. On the other hand, the foreign exchange sales rate which measures customers’ desire to buy foreign exchange, or the ratio of foreign exchange purchased by customers from banks to foreign-related foreign exchange payments made by customers, stood at 67%, basically the same as the monthly average since the beginning of this year, and the willingness of market players to purchase foreign exchange was generally stable. The net inflow of cross-border capital under trade in goods continued to be relatively high, and the inflow of foreign capital through direct investment and other channels was steady with continuing upward trend. In August, the cross-border trade surplus in goods was USD 55.2 billion, up by 31% from July. At the meantime, the net inflow of direct investment in China increased compared with July. The situation of foreign investors’ investment in China’s bond and stock markets continued to improve, highlighting the long-term investment value of Chinese markets and RMB assets. At present, the international situation is complex and grim, and world economic growth is significantly slowing down. China has continued to implement the efficient coordinated epidemic prevention and control as well as economic and social development. Given the effects of a package of supportive policy measures to stabilize the economy, China’s economy continues to recover, and the economic fundamentals that will sustain long-term growth remain unchanged. In the meantime, the structure of China’s international balance of payments has become more robust, the market-oriented regulation mechanism has become increasingly mature, and the participants in the foreign exchange market have become more rational. Moreover, the overall capacity to cope with changes in the external environment has been further improved, which lays a solid foundation for the stable operation of China’s foreign exchange market. 2022-09-15/en/2022/0915/1997.html
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2022年9月14日，人民银行海口中心支行、外汇局海南省分局组织召开银行外汇与跨境人民币工作座谈会，贯彻落实中央经济工作会议、2022年下半年人民银行工作会议、全国外汇管理工作会议和2022年下半年海南省金融机构主要负责人会议精神，总结2022年以来主要工作情况，分析当前形势，部署下阶段重点工作。人民银行海口中心支行党委委员、副行长、外汇局海南省分局副局长谢端纯出席会议并讲话。人民银行海口中心支行货币信贷处、外汇局海南省分局各处室主要负责人和全省23家银行分管外汇与跨境人民币工作的行领导参加会议。 会议认为，2022年以来全省外汇与跨境人民币工作取得积极成效。一是外汇改革政策成效显著。高水平开放改革试点有力推进，贸易外汇收支便利化提质增效，新型离岸国际贸易健康发展。二是外汇服务水平持续提升。汇率避险服务持续优化，外汇业务办理便利化程度不断提升，稳外资外贸工作成效明显。三是人民币跨境使用取得新进展。跨境人民币业务总量成倍增长，外贸新业态跨境人民币结算快速发展，结算业务国家（地区）持续增加。四是自律机制作用日益彰显。自律机制内部控制制度和业务操作流程进一步完善，跨境业务展业知识及创新技能竞赛成功举办，政策宣传调研工作深入推进。 在深入分析当前跨境金融形势的基础上，会议强调，下阶段，全省外汇和跨境人民币工作要坚决贯彻落实党中央关于“疫情要防住、经济要稳住、发展要安全”的部署要求，坚持稳中求进工作总基调，完整、准确、全面贯彻新发展理念，扎实落实有利于稳定经济大盘、服务实体经济的政策措施，进一步深化自贸港外汇领域改革开放，积极推进人民币跨境使用，维护跨境金融市场稳健运行和健康秩序，高质量完成好今年的各项工作任务，助力自贸港涉外经济发展，以实际行动迎接党的二十大胜利召开。 会议部署了下阶段全省银行外汇和跨境人民币重点工作。一是深入开展外汇改革研究，推动外汇管理战略转型。聚焦封关运作重点工作任务，充分发挥银行在市场一线的优势，为自贸港跨境资金流动自由便利及风险防控建言献策。二是大力推动创新政策落实，助力外汇领域改革开放。稳步推进高水平开放试点，落实落细经常项目便利化政策，扩大跨境投融资便利化政策效果。三是持续提升外汇服务质效，提升稳外贸稳外资效能。更好发挥外汇专员作用，持续优化汇率避险服务，提升外汇业务展业能力。四是持续推进人民币跨境使用，提升人民币跨境使用比重。聚焦重点业务和重点地区，不断改进服务，提升客户跨境人民币结算体验，着力提高结算占比。五是加强跨境资金风险监测，维护跨境金融市场健康秩序。强化跨境金融形势监测分析，关注重点领域风险防控，完善监督管理工作机制。 会上，工商银行海南省分行、农业银行海南省分行、中国银行海南省分行、交通银行海南省分行、光大银行海口分行、招商银行海口分行进行了交流发言。人民银行海口中心支行货币信贷处、外汇局海南省分局各处室主要负责人对前期调研中银行反馈的问题和建议进行了回应。 2022-09-19/hainan/2022/0919/1655.html