BEIJING, April 7 -- China's foreign exchange reserves have remained higher than 3.2 trillion U.S. dollars for 16 straight months, official data showed on Monday.

These reserves amounted to 3.2407 trillion U.S. dollars at the end of March 2025, up by 13.4 billion dollars, or a 0.42 percent rise, from the previous month, according to the State Administration of Foreign Exchange (SAFE).

The SAFE attributed this steady performance to the overall stability and continued recovery of the Chinese economy, the effects of existing and new policy measures, and progress in high-quality development.

Analysts believe the country's strong foreign exchange holdings reflect sturdy external balances and resilient economic fundamentals -- serving as a critical buffer against global turbulence.

Thanks to diversified trade partnerships, structural upgrades in foreign trade, and the rising appeal of yuan-denominated assets, China's balance of payments is poised to remain stable, reinforcing the foundation for steady foreign exchange reserves, said Wen Bin, chief economist at China Minsheng Bank.