China's foreign exchange reserves stood at 3.3421 trillion U.S. dollars at the end of March 2026, down 85.7 billion dollars, or 2.5 percent, from the end of February, official data showed on Tuesday.
The State Administration of Foreign Exchange noted that in March, the U.S. dollar index rose, while prices of major global financial assets declined, influenced by the global macroeconomic environment, monetary policies of major economies, and market expectations.
The combined effects of exchange rate conversion and changes in asset prices led to a decrease in China's foreign exchange reserves during the month, the administration said.
China's economy registered steady and improving performance during the period, with new and higher-quality development momentum. Its steady performance provided solid support for keeping the scale of the country's foreign exchange reserves basically stable, according to the administration.
China's foreign exchange reserves decline in March
Chairwoman of the Chinese Kuomintang (KMT) party, Cheng Li-wun, on Tuesday underlined the importance of adhering to the 1992 Consensus and opposition to the separatist forces in Taiwan in the cross-Strait relations.
Cheng made the remarks after she arrived in Nanjing City, east China's Jiangsu Province, via Shanghai with her delegation for a mainland visit that will run through Sunday.
Upon arrival in Nanjing, Cheng thanked Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, and mainland authorities for their warm reception. She said the visit is of great significance for maintaining peace in the Taiwan Strait and improving people's well-being.
"It once again proves that the political foundation of the '1992 Consensus' and the opposition to the separatist forces in Taiwan remains evergreen. Historical experience has fully demonstrated that as long as the '1992 Consensus' is adhered to and the separatist forces in Taiwan is opposed, exchanges and dialogues can be conducted across the Taiwan Strait," said Cheng.
Song Tao, head of the Taiwan Work Office of the CPC Central Committee, welcomed Cheng and her delegation in Shanghai.
Song said he believes Cheng's trip would allow her to personally witness the mainland's tremendous developmental achievements under the leadership of Xi and the CPC, as well as the goodwill of the people in the mainland toward compatriots in Taiwan, which will garner high recognition and support from people on both sides of the Strait.
He added that the two parties should prioritize national interests and the well-being of people across the Strait, work together to promote peaceful development of cross-Strait relations, and jointly contribute to the rejuvenation of the Chinese nation.
At the invitation of CPC Central Committee and Xi Jinping, the delegation is scheduled to visit Jiangsu Province, Shanghai and Beijing, marking the first time in a decade that a KMT chairperson has led a delegation to the Chinese mainland.
KMT chairwoman underscores importance of 1992 Consensus during mainland visit
