China's foreign exchange market maintained steady operations in August, reporting active market trading, as well as balanced supply and demand, the State Administration of Foreign Exchange said on Friday.
Forex market trading remained active in August, said Li Bin, deputy head of the administration.
The cross-border receipts and payments of non-banking sectors -- including enterprises and individuals -- hit 1.3 trillion U.S. dollars last month, up 8 percent year on year. Both current and capital account cross-border transactions saw growth, with steady development in cross-border trade and investment financing.
Supply and demand in the forex market remained generally balanced in August, Li said.
Cross-border capital saw a net inflow of 3.2 billion U.S. dollars, while the banking sector posted a net surplus of 14.6 billion U.S. dollars in forex settlements and sales.
Net capital inflows in the trade of goods remained stable, with foreign investors maintaining their overall net purchases of domestic stocks and bonds, but net outflows in the services trade and investment income funds retreated from their seasonal peaks.