Capital accelerated into May foreign exchange accounted for an increase in the year record

Figures released 22nd by the People's Bank of China show that in May, Chinese financial institutions ' foreign exchange accounted for a significant rebound, reaching its highest level since this year.　　The latest financial institutions credit balance sheet shows that at the end of May, foreign exchange of financial institutions accounted for 17,658,751,000,000 yuan, a rise of 242.565 billion yuan from the end of April, equivalent to the central bank net to buy about 35.5 billion U.S. dollars (1 U.S. dollars = 6.8341 yuan) foreign exchange. This is the year since the monthly foreign exchange accounted for the first breakthrough 200 billion yuan increase. In the first 4 months, the average value of this data is only about 140 billion yuan.　　However, before the financial crisis broke out in 2008, the monthly growth value of foreign exchange accounted for about 400 billion yuan. In addition, the May foreign trade surplus and FDI (foreign direct investment) are declining trend. Analysts point out that this shows that the new foreign exchange accounts for more money from the capital.　　In recent months, China's economic stability is clear, the revaluation of the renminbi is expected to rise, the inflow of domestic funds significantly increased. Wang Xiaoli, deputy director of the State administration of foreign exchange, said the financial crisis affected China's capital outflows in the second half of last year, while capital inflows fell, but there were signs of an increase in capital inflows to China at a time when the Chinese economy was showing signs of recovery.