China's foreign exchange market maintained stable operations in May, with a net inflow of cross-border capital, according to data released by the State Administration of Foreign Exchange (SAFE) on Tuesday.
China's non-banking sectors, including enterprises and individuals, recorded a net cross-border capital inflow of 33 billion U.S. dollars in May, the SAFE's data showed.
This marks an increase of 15.8 billion U.S. dollars from the previous month. Among them, the net inflow of funds under goods trade was 61 billion U.S. dollars, maintaining a high level. Banks achieved a surplus of 11.3 billion U.S. dollars in foreign exchange settlement and sales.
Net capital outflows related to areas such as the trade of services and outbound direct investment remained generally stable. In May, foreign exchange purchases completed by banks totaled 192.7 billion U.S. dollars, while sales totaled 181.4 billion U.S. dollars.
The country's net inflow of cross-border capital from goods trade remained high. At the same time, foreign investors increased their holdings of domestic stocks compared to the previous month, said Li Bin, SAFE's deputy head.
Market expectations remained stable, with banks registering a foreign exchange settlement surplus, Li added.
China's economy is performing steadily and exhibiting growth momentum, which will continue to provide solid support for the sound operations of the foreign exchange market, Li said.
China's foreign exchange market in stable operations in May
China's foreign exchange market in stable operations in May
China's express delivery sector continued to post significant growth in the first 11 months of 2025, handling over 180 billion parcels to record a nearly 15 percent year-on-year increase, official data showed on Tuesday.
According to the State Post Bureau, the country's China's broader postal industry, which includes express delivery services, saw a total of 196.75 billion parcels from January through November, marking a 12.9 percent rise from the same period in 2024.
The postal industry's total business revenue exceeded 1.63 trillion yuan (over 230 billion U.S. dollars), up 6.7 percent year on year, the data showed.
Specifically, the overall express delivery revenue reached nearly 1.36 trillion yuan, a 7.1 percent increase compared to the previous year.
Same-city express deliveries amounted to 14.47 billion parcels, a 2.2 percent year-on-year increase, while cross-region deliveries surged by 16.3 percent to 162.44 billion parcels.
The total volume of express deliveries to overseas countries and China's Hong Kong, Macao and Taiwan regions reached 3.83 billion parcels, a year-on-year increase of 11.3 percent.
In November alone, China's postal industry handled 19.49 billion parcels, up 3.8 percent year on year. Among these, more than 18 billion parcels were handled in express delivery sector, up 5 percent year on year.
In November, the postal industry's business revenue, excluding the direct business revenue of Postal Savings Bank, reached 162.68 billion yuan (over 23 billion U.S. dollars), a year-on-year decrease of 2.0 percent.
Specifically, express delivery revenue reached 137.65 billion yuan (around 19.5 billion U.S. dollars), showing a year-on-year decrease of 3.7 percent.
China's express delivery sector posts double-digit growth in first 11 months
