Foreign Exchange Administration: July net foreign holdings of domestic bonds 20 billion US dollars, an increase of 1.4 times

On August 15th, statistics from the State Administration of Foreign Exchange showed that the cross-border capital flow situation improved in July, and the supporting role of major inflow channels such as trade in goods was further strengthened. In July, the foreign revenue of bank valets increased by 9% month-on-month, the expenditure increased by 7%, and the income and expenditure deficit narrowed by 41% month-on-month. Among them, our country's foreign trade continued to grow rapidly, driving the net inflow of cross-border funds under the item of trade in goods to increase by 48% month-on-month, the highest level in the historical period; the net increase of foreign capital holdings of domestic bonds was 20 billion US dollars, an increase of 1.4 times month-on-month, and the enthusiasm of foreign investors to allocate RMB assets was