China's non-bank cross-border receipts, payments maintain growth in August

BEIJING, Sept. 15 (Xinhua) -- China's cross-border receipts and payments by non-bank entities, including enterprises and individuals, totaled 1.5 trillion U.S. dollars in August, extending a relatively swift growth since the beginning of 2026, latest data showed.

Cross-border receipts and payments data reflect the level of activity in a nation's cross-border trade, investment and financing. Cross-border capital recorded a net inflow of 62.4 billion U.S. dollars in August, rising four percent month on month, according to data released on Tuesday by the State Administration of Foreign Exchange (SAFE).

Li Bin, deputy head and spokesperson for the SAFE, attributed the net inflow of cross-border capital mainly to a large inflow of funds under trade in goods. Meanwhile, increased travel by Chinese nationals for overseas studies and tourism purposes during the summer vacation had expanded the service trade deficit, which grew by six percent month on month in August.

In the same month, cross-border two-way direct investment was basically stable, Li said.

The spokesperson also said the trading value in China's foreign exchange market was 3.9 trillion U.S. dollars last month, maintaining a fairly large scale.

The country reported a surplus of bank settlements and sales of foreign exchange last month, which stood at 48.5 billion U.S. dollars, mainly due to the net inflow of foreign exchange funds, Li said.