According to data released by the State Administration of Foreign Exchange on the 18th, in January 2025, banks settled 1.304 trillion yuan in foreign exchange and sold 1.6288 trillion yuan in foreign exchange. Calculated in US dollars, in January 2025, banks will settle foreign exchange of 181.5 billion US dollars and sell foreign exchange of 226.8 billion US dollars. In January 2025, the bank's foreign-related income from customer service amounted to RMB 437.07 billion, and external payments amounted to RMB 456.13 billion. Calculated in US dollars, in January 2025, the foreign income of bank clients amounted to 608.4 billion US dollars, and external payments amounted to 635 billion US dollars. In January, the net inflow of cross-border funds under goods trade reached a record high of 70 billion US dollars. Foreign capital steadily purchased domestic bonds, and their willingness to hold RMB assets remained stable The relevant person in charge of the State Administration of Foreign Exchange stated that in late January, foreign-related income and expenditure had turned into a surplus, and since February, it has continued to maintain a surplus trend, with bank foreign exchange settlement and sales basically balanced. The person in charge said that in recent years, the depth of China's foreign exchange market has continued to expand, and the awareness and ability of enterprises to hedge against exchange rates have improved. The cross-border use of RMB has significantly increased, which can better mitigate external shocks and help market transactions become more rational and orderly. "China's foreign exchange market remains stable and orderly, and there is a foundation and conditions for it to continue to operate smoothly in the future," (Xinhua News Agency)