The Information Office of the State Council held a press conference at 10:00 today to introduce China's foreign exchange balance in the first half of 2026. According to data from the State Administration of Foreign Exchange, there was a net inflow of cross-border capital 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, enterprises, individuals and other non-banking sectors had a net inflow of US$247.2 billion in cross-border capital. Looking at monthly changes, from January to February, enterprises collected payments centrally before the Spring Festival, and the net inflow of cross-border capital was on a high scale; in March, geopolitical conflicts escalated, international financial market fluctuations increased, and China's net outflow of cross-border capital was slight, then returned to net inflows. The scale of net inflows has slowed since June. By project, in the first half of the year, the net inflow of capital under trade in goods continued to increase year-on-year, foreign investment in China generally rebounded, revenue growth from trade in services accelerated, the balance of income and expenditure deficit narrowed, and overall foreign investment by domestic players continued to grow.

The Information Office of the State Council held a press conference at 10:00 today to introduce China's foreign exchange balance in the first half of 2026. According to data from the State Administration of Foreign Exchange, there was a net inflow of cross-border capital 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, enterprises, individuals and other non-banking sectors had a net inflow of US$247.2 billion in cross-border capital. Looking at monthly changes, from January to February, enterprises collected payments centrally before the Spring Festival, and the net inflow of cross-border capital was on a high scale; in March, geopolitical conflicts escalated, international financial market fluctuations increased, and China's net outflow of cross-border capital was slight, then returned to net inflows. The scale of net inflows has slowed since June. By project, in the first half of the year, the net inflow of capital under trade in goods continued to increase year-on-year, foreign investment in China generally rebounded, revenue growth from trade in services accelerated, the balance of income and expenditure deficit narrowed, and overall foreign investment by domestic players continued to grow.