The Chinese foreign exchange market recorded transactions worth 100.28 trillion yuan (13.96 trillion U.S. dollars) in the first four months of this year, according to official data on Friday.
In April alone, the transaction volume in the foreign exchange market reached 29.04 trillion yuan (4.03 trillion U.S. dollars), the State Administration of Foreign Exchange data showed.
In breakdown, the transaction volume of the client market totaled 4.18 trillion yuan (580 billion U.S. dollars), and that of the interbank market came in at 24.86 trillion yuan (3.45 trillion U.S. dollars).
Regarding products, the cumulative transaction volume of the spot market was 9.55 trillion yuan (1.33 trillion U.S. dollars), and that of the derivatives market was 19.49 trillion yuan (2.71 trillion U.S. dollars).
China's forex market transactions total 100.28 trillion yuan in Jan-April
China's forex market transactions total 100.28 trillion yuan in Jan-April
Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday for an official visit to China through Saturday.
This visit marks the first trip to China by a Canadian Prime Minister in eight years.
When briefing on the visit of Carney, a Chinese foreign ministry spokesperson said President Xi Jinping will meet with the Canadian prime minister to provide new strategic guidance for further improving and developing China-Canada relations.
Chinese Premier Li Qiang and Chairman of China's National People's Congress Standing Committee Zhao Leji will hold separate talks and meetings with the Canadian prime minister to conduct comprehensive and in-depth exchanges on bilateral relations as well as issues of mutual interest.
The spokesperson said China looks forward to taking this visit as an opportunity to enhance dialogue and communication, increase political mutual trust, expand practical cooperation, properly manage differences, address each other's concerns and consolidate the momentum of improvement in China-Canada relations to bring greater benefit for the two peoples.
Canadian PM arrives in Beijing for official visit
