The State Administration of Foreign Exchange released China's full-caliber external debt data for the end of September 2025. The data shows that as of the end of September 2025, China's full-caliber external debt balance was RMB 16828.7 billion. Looking at the term structure, the balance of medium- to long-term external debt was RMB 7151.1 billion, accounting for 42%; the balance of short-term external debt was RMB 967.76 billion, accounting for 58%. Trade-related credit accounts for 36 per cent of short-term external debt balances. Looking at the institutional sector, the general government's external debt balance was RMB 2856.3 billion, accounting for 17%; the Central Bank's external debt balance was RMB 745.4 billion, accounting for 4%; the bank's external debt balance was RMB 6919.8 billion, accounting for 41%; and the external debt balance of other departments was RMB 630.72 billion, accounting for 38%.

The State Administration of Foreign Exchange released China's full-caliber external debt data for the end of September 2025. The data shows that as of the end of September 2025, China's full-caliber external debt balance was RMB 16828.7 billion. Looking at the term structure, the balance of medium- to long-term external debt was RMB 7151.1 billion, accounting for 42%; the balance of short-term external debt was RMB 967.76 billion, accounting for 58%. Trade-related credit accounts for 36 per cent of short-term external debt balances. Looking at the institutional sector, the general government's external debt balance was RMB 2856.3 billion, accounting for 17%; the Central Bank's external debt balance was RMB 745.4 billion, accounting for 4%; the bank's external debt balance was RMB 6919.8 billion, accounting for 41%; and the external debt balance of other departments was RMB 630.72 billion, accounting for 38%.