China's Forex market is running steadily. Firstly, foreign trade activities remain active. In November, the total foreign exchange revenue and expenditure of non-bank sectors such as enterprises and individuals exceeded 1.2 trillion US dollars, growing by 7.5% year-on-year and 1.7% month-on-month. Among them, the surplus of foreign currency cross-border revenue and expenditure was 19.2 billion US dollars, maintaining a high level. From preliminary observations since December, there has been a net inflow of KUAJINGZIJIN for non-bank sectors like enterprises and individuals. Secondly, the Forex market transactions are orderly and stable. In November, enterprises continued to have a surplus in their foreign exchange settlements. The settlement rate, which measures the willingness to sell foreign exchange, slightly increased month-on-month, while the selling rate, which measures the willingness to purchase foreign exchange, remained stable and was lower than the average level of the previous ten months. Overall, market expectations and trades are stable.