According to statistics from the State Administration of Foreign Exchange, as of the end of December 2025, China’s foreign exchange reserves stood at $3,357.9 billion, an increase of $11.5 billion from the end of November, representing a rise of 0.34%. In December 2025, influenced by factors such as monetary policies of major economies and macroeconomic data, the U.S. Dollar Index declined, while global financial asset prices showed mixed performance. The combined effects of exchange rate conversions and changes in asset prices led to an increase in foreign exchange reserves for the month. China continues to consolidate and expand the momentum of its economy, which remains stable and on an upward trajectory. The underlying conditions and fundamental trends supporting the economy’s long-term positive outlook remain unchanged, which is conducive to maintaining the basic stability of foreign exchange reserves.