Balancing "Stable Growth" and "Risk Prevention": The Central Bank Outlines Seven Key Work Priorities for the Second Half of the Year
The central bank: On July 25th, a 400 billion yuan Medium-term Lending Facility (MLF) operation will be conducted.
Spot gold has broken through the $3,400 mark, with investors focusing on trade negotiations.
The State Administration of Foreign Exchange has made the latest statement! It concerns the RMB exchange rate and the situation of foreign capital increasing its holdings of domestic stocks.
The State Administration of Foreign Exchange has sent signals to stabilize the exchange rate. In the first half of the year, foreign capital increased its net holdings of domestic stocks and funds by more than 10 billion US dollars.
The State Administration of Foreign Exchange: In the first half of the year, foreign capital increased its net holdings of domestic stocks and funds by 10.1 billion US dollars.
The central bank is publicly soliciting opinions on the "Business Rules for the Cross-border RMB Payment System (Draft for Comments)."
As of April 2025, the top three foreign holders of US Treasury bonds were Japan, the United Kingdom, and China.
At the end of July 2025, the broad money supply in RMB (M2) increased by 8.8% year-on-year, the narrow money supply (M1) increased by 5.6% year-on-year, and the cash in circulation (M0) increased by 11.8% year-on-year.
At the end of July 2025, the balance of domestic and foreign currency loans was 272.48 trillion yuan, up by 6.7% year-on-year.