App

China reports current account surplus in Q1
Updated: May 12, 2023 21:31 Xinhua

BEIJING, May 12 (Xinhua) -- China's current account surplus was 82 billion U.S. dollars in the first quarter of the year, official data showed on Friday.

The current account surplus to gross domestic product ratio was 2 percent during the period, according to the State Administration of Foreign Exchange.

Of the total, the surplus under trade in goods came in at 129.9 billion dollars, and the deficit under trade in services stood at 47 billion dollars, the data showed.

The Chinese economy has maintained its growth momentum, which helps underpin the country's balance of payments, said Wang Chunying, deputy head of the administration.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218