Ranked first in the world. By the end of August, 2022, China's foreign exchange reserves totaled 305.4838 billion US dollars. China ranks first in the world in terms of manufacturing scale and foreign exchange reserves. According to the latest data, by the end of 20021,the scale of China's manufacturing industry has surpassed that of any country in the world, accounting for about 28% of the world's total manufacturing output value. At the same time, China's foreign exchange reserves rank first in the world. By the end of 20021,the scale of foreign exchange reserves was about $3.2 trillion, exceeding that of any other country. By the end of 1, China's foreign exchange reserves had been above 3.2 trillion US dollars for nine consecutive months, and remained generally stable. "The scale of foreign exchange reserves decreased in June 5438+ 10, which was mainly caused by valuation factors." Wen Bin, chief researcher of China Minsheng Bank, believes that in terms of exchange rate changes, the US dollar exchange rate index appreciated by 0.9% in June 5438+ 10 to 96.5; Non-dollar currencies depreciated against the dollar as a whole, with the euro depreciating by 1.2%, the pound depreciating by 0.6% and the yen basically flat. In terms of asset prices, global financial asset prices generally fell, with the Nikkei 225 index down 6.2%, the Standard & Poor's 500 index down 5.3%, the Stoxx 50 index in the euro zone down 2.9%, and the hedged global bond index priced in US dollars down 1.6%. Foreign exchange reserves are denominated in dollars. Considering the influence of exchange rate conversion and asset price changes, the scale of China's foreign exchange reserves has declined.