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China's cross-border receipts, payments by non-banking sectors hit record high

Xinhua | Updated: 2025-01-14 17:06
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BEIJING -- China's cross-border receipts and payments by non-banking sectors hit a record high in 2024, an official with the State Administration of Foreign Exchange (SAFE) said on Tuesday.

The cross-border receipts and payments by non-banking sectors increased by 14.6 percent year-on-year to $14.3 trillion last year, Li Bin, deputy head of the SAFE, told a press conference held by the State Council Information Office.

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