AI Data Insight
In the second quarter of 2026, China's balance of payments reserve assets increased significantly by 5120.77 hundred million RMB, a twofold expansion compared to the previous quarter. Analysts point out that in addition to the central bank continuously increasing its gold holdings to optimize the structure, the high willingness of enterprises to settle foreign exchange prompted commercial banks to square their positions with the central bank, driving a passive growth in foreign exchange reserves. This move also effectively smoothed the appreciation pressure on the RMB.