China's foreign exchange reserves increased by 2,28 percent at the end of November compared to the previous month, reaching 3 trillion 171 billion 800 million US dollars. According to data announced by the State Administration of Foreign Exchange of China, in November, US dollar indices fell and global financial asset prices generally increased due to the influence of factors such as macroeconomic data of important economies and monetary policy expectations.
Foreign exchange reserves increased in November due to the effects of factors such as exchange rate conversion and changes in asset prices. The data show that the recovery trend of the Chinese economy continues, the economy has strong resilience and a wide development potential, and the positive growth momentum remains unchanged in the long term.