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

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

ALSO READ: China issued first overseas RMB-denominated sovereign green bond in London

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.

READ MORE: Trump tariffs wipe $5 trillion off Wall Street

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.

READ MORE: China's foreign exchange reserves rise to $3.23 trillion

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.