Increment of foreign exchange reserves: from the perspective of economic development, as long as there is no "crack" in the endogenous economy, there is nowhere to start external economic shocks. Of course, the domestic economic situation is well known. China's economic development got off to a good start, the transformation and upgrading were further promoted, and the quality and efficiency were continuously improved. However, some links, such as asset bubbles and debt ratio, need to be further dealt with. (These have achieved good results in recent years, such as controlling the general gate of money and reducing the growth rate of money, all of which have curbed the expansion of asset bubbles to a certain extent. At the same time, the severe rectification of local debts and the constraints on the growth of leverage ratio of enterprises have also achieved phased results in preventing risks. ).

On the whole, the appreciation of the US dollar has had an impact on the currency exchange rates of emerging market countries. In addition to raising interest rates, the main weapon to deal with currency depreciation in the short term is foreign exchange reserves, and the increase of foreign exchange reserves depends on the healthy development of the economy. At present, it seems that the appreciation of the US dollar has a slight impact on the scale of China's foreign exchange reserves. Fortunately, China has a huge foreign exchange reserve and a strong "financial base", so short-term scale fluctuations are understandable.

However, under the background of slight impact, we should focus on the healthy development of the domestic economy and improve some problems brought about by the rapid economic development in the past. Only based on the domestic economy can we better cope with the impact of some uncertain risks and bring a steady stream of "firepower" to foreign exchange reserves.