China's banking sector international settlement volume reached $13.14 tln in 2025, up 10.24% YoY, according to incomplete statistics from the China Banking Association trade finance committee. Domestic letter-of-credit settlements totaled 4.39 tln yuan, up 22% YoY. International trade financing amounted to $554.6 bln, up 14% YoY; domestic trade financing totaled 5.17 tln yuan, up 21.4% YoY. The report said trade finance strengthened simultaneously at home and abroad, reflecting demand release un

China's banking sector international settlement volume reached $13.14 tln in 2025, up 10.24% YoY, according to incomplete statistics from the China Banking Association trade finance committee. Domestic letter-of-credit settlements totaled 4.39 tln yuan, up 22% YoY. International trade financing amounted to $554.6 bln, up 14% YoY; domestic trade financing totaled 5.17 tln yuan, up 21.4% YoY. The report said trade finance strengthened simultaneously at home and abroad, reflecting demand release under China's dual-circulation framework.