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Foreign exchange settlement by Chinese banks tops 3.7 trillion yuan in Jan-March

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      China

      China

      Foreign exchange settlement by Chinese banks tops 3.7 trillion yuan in Jan-March

      2025-04-22 21:01 Last Updated At:21:37

      The foreign exchange settlement by Chinese banks reached 3,796.5 billion yuan in the first three months of this year, according to the State Administration of Foreign Exchange (SAFE) on Monday.

      As shown in the statistics of the SAFE, in March 2025, the amount of foreign exchange settlement and sales by banks was 1,360.1 billion yuan and 1,374.2 billion yuan, respectively. In the first three months, the accumulative amount of foreign exchange settlement and sales by banks was 3,796.5 billion and 4,210.0 billion yuan, respectively.

      In the U.S. dollar terms, in March 2025, the amount of foreign exchange settlement and sales by banks was 189.6 billion U.S. dollars and 191.6 billion U.S. dollars, respectively. In the first three months, the accumulative amount of foreign exchange settlement and sales by banks was 529.0 billion U.S. dollars and 586.6 billion U.S. dollars, respectively.

      In March 2025, the amount of cross-border receipts and payments by non-banking sectors was 4,964.3 billion yuan and 4,611.4 billion yuan, respectively. In the first three months, the accumulative amount of cross-border receipts and payments by non-banking sectors was 13,541.8 billion yuan and 13,171.3 billion yuan, respectively.

      In the U.S. dollar terms, in March 2025, the amount of cross-border receipts and payments by non-banking sectors was 692.0 billion U.S. dollars and 642.8 billion U.S. dollars, respectively. In the first three months, the accumulative amount of cross-border receipts and payments by non-banking sectors was 1,887.1 billion U.S. dollars and 1,835.4 billion U.S. dollars, respectively.

      Foreign exchange settlement by Chinese banks tops 3.7 trillion yuan in Jan-March

      Foreign exchange settlement by Chinese banks tops 3.7 trillion yuan in Jan-March

      Next Article

      Sichuan police deploy robot officers to assist in law enforcement

      2025-05-02 13:59 Last Updated At:14:07

      Police department in Mianyang City of southwest China's Sichuan Province has deployed robots to assist human officers with patrols, traffic management and law enforcement tasks.

      The robot officers have been deployed on Mianyang's streets help manage traffic during rush hours, from 08:00 in the morning to 17:00 in the afternoon.

      These humanoid robots, designed to interact with their surroundings with multi-model AI capabilities, work efficiently alongside human officers in maintaining smooth traffic flow.

      "It's my first time to see a robot directing traffic, which is an impressive way to remind people of following traffic rules," said Xie Yun, a local resident.

      The city's police department has also added robot dogs to their public safety toolkit. Police-released footage shows a robotic dog assisting SWAT teams in a training exercise, subduing a suspect by firing a non-lethal restraint net during a simulated school attack.

      The robot dog's exceptional performance in the training was aided by four surround-view lenses it carried and a 360-degree panoramic camera on top of its head that is capable of capturing real-time surroundings scenes and transmitting the signals to the police monitoring system.

      With the network, the robot dogs can conduct regular inspection and patrol on their own.

      "Because the robot dogs are capable of assisting human police officers, conducting unobtrusive identity checks and autonomous patrol, and performing non-lethal restraint, we deploy them in business districts, by artificial lakes and in sci-tech parks to carry out policing duties such as routine patrol," said Wang Jianhai, director of the Intelligence Command Center of the Science and Technology City New District Branch of the Mianyang Public Security Bureau.

      Sichuan police deploy robot officers to assist in law enforcement

      Sichuan police deploy robot officers to assist in law enforcement

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