According to the latest data published on the website of the State Administration of Foreign Exchange, as of July 20021year, China's foreign exchange reserves were 3,235.89 billion US dollars. Since July 20021year, China's foreign exchange reserves have been stable, and the total foreign exchange reserves have fluctuated around 3,200 billion US dollars. China's foreign exchange reserves have continuously ranked first in the world.

Foreign exchange reserves usually come from trade surplus and capital inflow: since our opening to the outside world and China's accession to the World Trade Organization, our trade with other countries has become more and more frequent. On the one hand, cheap and practical goods made in China have been exported to other countries, and China is usually in a trade surplus position with other countries. The total value of our exports is higher than that of our imports, so as to earn more foreign exchange as a whole and eventually accumulate foreign exchange and form foreign exchange reserves. In addition, due to our continuous development, a better investment environment has attracted many foreign capitals to invest in China. However, foreign currencies held by foreign investors cannot be directly invested, but are generally converted into RMB for reinvestment. The converted foreign exchange becomes our foreign exchange reserve.