China sees surplus in current account
Print Edition
CHINA’S current account surplus stood at US$196.4 billion last year, the country’s foreign exchange regulator said yesterday.
The surplus of goods trade fell 14 percent from 2015 to US$494.1 billion last year, while the service trade posted a deficit of US$244.2 billion, up 12 percent year on year, the State Administration of Foreign Exchange said.
The current account surplus last year took up 1.8 percent of the country’s gross domestic product, SAFE said in a statement.
The capital and financial account had a surplus of US$26.3 billion in 2016, with a deficit of US$300 million for the capital account and a deficit of US$417 billion for the non-reserve financial account, said SAFE.
Reserve assets, most of which are foreign exchange reserves, fell by US$443.7 billion last year.
In the fourth quarter of last year, China’s current account surplus was US$11.8 billion, SAFE said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
