CCTV News (News Network): The State Council Information Office held a press conference on July 22 to introduce the foreign exchange receipts and expenditure data in the first half of the year. In the first half of the year, my country's foreign exchange market operated smoothly, showing strong resilience and vitality, and performed better than market expectations.
Data from the State Administration of Foreign Exchange showed that in the first half of the year, cross-border income and expenditure of non-bank sectors such as enterprises and individuals totaled US$7.6 trillion, a record high in the same period; net inflow of cross-border funds was US$127.3 billion, continuing the net inflow since the second half of last year; the total trading volume of domestic foreign exchange markets was US$21 trillion, an increase of 10.2% year-on-year. Foreign capital increased its overall net holdings of domestic stocks and bonds.
