[Foreign Exchange Administration: China’s foreign debt has increased slightly, mainly due to factors such as relatively active cross-border trade] On September 29, Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, answered reporters’ questions about China’s foreign debt data at the end of June 2026. Li Bin said that in the second quarter of 2026, China’s foreign debt situation was generally stable. First, the scale of foreign debt increased slightly. At the end of June 2026, China's full-scale (including local and foreign currency) external debt balance was US$2,498.2 billion, an increase of US$86.1 billion, or 4%, from the end of March 2026. This was mainly due to factors such as relatively active cross-border trade, and the growth of corporate trade credit and inter-affiliated company loans. Second, the currency structure of foreign debt has been optimized and the term structure is basically stable. At the end of June 2026, local currency foreign debt accounted for 56%, an increase of 1 percentage point from the end of March 2026; medium and long-term foreign debt accounted for 41%, the same as the end of March.