China's manufacturing foreign exchange reserves rank first in the world. By the end of August 2022, China's foreign exchange reserves totaled $ 3054838+0 billion. China ranks first in the world in terms of manufacturing scale and foreign exchange reserves.

ForeignExchangeReserve, also known as foreign exchange reserve, refers to foreign exchange assets held by central banks and other government agencies in various countries and can be converted into foreign currency at any time to meet the needs of international payment. Under normal circumstances, the sources of foreign exchange reserves are trade surplus and capital inflow, which are concentrated in domestic central banks to form foreign exchange reserves.