China's foreign exchange reserves have continued to grow, breaking through the 1 trillion dollar mark. In a certain sense, it can also be regarded as a symbol of China's great historical achievements in persisting in reform and opening up. 1978, China's foreign exchange reserves were only $65,438+67 million. With the deepening of reform and opening up, the national economy continues to grow and foreign trade develops rapidly. The total foreign exchange reserves finally broke through the 1996 mark for the first time. In such a short period of time, China has jumped from a country with a severe shortage of foreign exchange to the largest foreign exchange reserve in the world, which has really attracted the attention of the world.

1, which is conducive to persisting in reform and opening up and promoting the sustained and stable economic development of China.

2. It is conducive to ensuring national financial security and preventing and resisting financial risks.

3. It is conducive to maintaining and consolidating China's international economic status and international influence as a big country.

Foreign exchange is deposited in dollars. Nowadays, with the depreciation of the US dollar, China will lose more than 654.38+000 billion RMB for every penny.