China's Cross-Border RMB Settlements Hit 16.7 Trillion Yuan in May, Up Across Current Account Items

According to the People's Bank of China, cross-border RMB settlements under the current account reached 16.7 trillion yuan in May 2026, with goods trade accounting for 12.8 trillion yuan and services trade 3.9 trillion yuan. Direct investment cross-border RMB settlements totaled 5.8 trillion yuan, comprising 2.2 trillion yuan in outbound direct investment and 3.6 trillion yuan in foreign direct investment.
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