China’s foreign exchange and gold reserves have reached new record highs as of February 2026, reflecting the country’s ongoing efforts to diversify its international assets and bolster financial stability. The latest data show sustained growth in both reserves, underlining China’s strategy to strengthen economic resilience and monetary sovereignty in the face of global uncertainties and fluctuating asset prices.People's Daily+2
By the end of February 2026, China’s foreign exchange reserves climbed to $3.4278 trillion, marking an increase of $28.7 billion or 0.85% from the previous month. This represents the seventh consecutive month of growth, driven by exchange rate effects, asset price changes, and the strengthening of the US dollar index. The State Administration of Foreign Exchange attributed the rise to stable macroeconomic data and effective monetary policies, which have supported robust cross-border capital flows.People's Daily+2
China’s gold reserves also saw a notable increase, rising by 30,000 ounces in February to reach a total of 74.22 million ounces. This marks the 16th consecutive month of gold accumulation, highlighting China’s commitment to diversifying its reserve portfolio. The steady buildup of gold is seen as a strategic move to enhance the credit of the Chinese currency and provide a buffer against global financial volatility.People's Daily+2
Experts emphasize that the sustained growth in both foreign exchange and gold reserves reflects China’s broader strategy to reinforce economic stability and openness. The accumulation of reserves is seen as a safeguard against external shocks, supporting the country’s monetary sovereignty and capacity to manage international risks. These developments are expected to further solidify China’s position in the global financial system amid ongoing uncertainties.China.org+2
The increases in reserves were influenced by a combination of macroeconomic factors, including the appreciation of the RMB against major currencies, asset price fluctuations, and proactive policy measures. As global financial markets remain volatile, China’s approach to reserve management demonstrates a focus on long-term stability and adaptability, reinforcing its economic resilience on the world stage.People's Daily+2