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China reports current account surplus in Q2

Updated: Aug 05,2022 20:14    Xinhua

BEIJING — China's current account registered a surplus of 531.6 billion yuan in the second quarter of the year, the State Administration of Foreign Exchange said on Aug 5.

In US dollar term, China's current account recorded a surplus of $80.2 billion in the second quarter of 2022.

In the capital and financial accounts, foreign direct investments recorded a surplus of 97.5 billion yuan, and reserve assets decreased by 123.9 billion yuan.

In the first half of 2022, China's current account registered a surplus of 1.096 trillion yuan. In the capital and financial accounts, foreign direct investments recorded a surplus of 477.6 billion yuan, and reserve assets increased by 125.9 billion yuan.

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