China's foreign exchange reserves have increased for seven consecutive months, reaching a ten-year high

The People's Bank of China announced that by the end of February, China's foreign exchange reserves reached nearly USD 3.43 trillion, a new high since the end of November 2015, increasing by USD 28.7 billion or 0.85% month-on-month.

The State Administration of Foreign Exchange stated that in February 2026, influenced by macroeconomic data, monetary policy, and expectations from major economies, the US dollar index rose, and the prices of major global financial assets fluctuated. The combined effects of exchange rate conversions and asset price changes led to an increase in foreign exchange reserves for the month. The mainland economy is steadily progressing and developing towards new and better directions, and the long-term supportive conditions and fundamental trends for improvement have not changed, which is conducive to maintaining the basic stability of foreign exchange reserves