China’s State Administration of Foreign Exchange (SAFE), the country’s foreign exchange regulator, expects trade in goods and services and cross-border investment to remain active despite complex external conditions. In its first-half Balance of Payments report, SAFE said China would introduce policies to facilitate trade, expand foreign access to domestic financial markets and promote yuan internationalisation. The outlook sees goods trade supported by artificial intelligence and green technology products, while technology and digital-service exports and service imports are also expected to increase. SAFE also said foreign investment could improve as global capital diversifies into yuan-denominated assets. Authorities plan to build a more convenient, open, safer and smarter foreign exchange management system, while increasing monitoring of cross-border capital flows and using artificial intelligence to combat illegal foreign exchange activity.