The State Administration of Foreign Exchange reported banks' foreign-exchange
settlements at CNY1,667.6bn (USD243.9bn) and sales at CNY1,422.9bn (USD208.1bn)
in May. January–May cumulative banks' settlements were CNY8,762.4bn
(USD1,267.5bn) and cumulative sales CNY7,275.5bn (USD1,053.0bn). In May banks'
client cross-border receipts totaled CNY5,291.3bn (USD773.8bn) with overseas
payments of CNY4,863.7bn (USD711.2bn); January–May cumulative client receipts
were CNY26,334.0bn (USD3,811.3bn) and payments CNY24,880.3bn (USD 3,601.2bn).