Li Bin, deputy director of the State Administration of Foreign Exchange: In April, foreign capital increased its net holdings of domestic bonds by 10.90 billion US dollars, and in late April, foreign investment in domestic stocks turned into net purchases

On May 19, Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, said that in April, cross-border funds from non-banking sectors such as enterprises and individuals had a net inflow of 17.30 billion US dollars. From the main channels, first, our country's foreign trade showed a certain resilience, and the net inflow of cross-border funds under trade in goods was 64.90 billion US dollars, maintaining a high scale. Second, the willingness of foreign capital to allocate RMB assets continued to improve. In April, foreign capital increased its net holdings of domestic bonds by 10.90 billion US dollars, which was at a high level. In late April, foreign investment in domestic stocks turned to net purchases.