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International Reserve Assets Continued To Grow By &Nbsp; The Surplus Was US $102 Billion 300 Million.

2010/11/25 15:06:00 56

International Reserve Assets

   State Administration of Foreign Exchange 25 released data in the three quarter of 2010, China Balance of payments Current account, capital and financial items (including net errors and omissions) continue to show favorable balance. International reserve assets Continue to grow. The current account surplus of US $102 billion 300 million in the three quarter was 1.03 times that of the same year.


According to preliminary estimates, the current account surplus in the three quarter accounted for 81 billion 400 million US dollars in trade surplus, 4 billion 400 million US dollars in trade deficit, 14 billion 500 million US dollars in surplus and 10 billion 800 million US dollars in surplus.


In the three quarter, the surplus of capital and financial items (including net errors and omissions) was US $5 billion 700 million, of which the net investment of direct investment was US $23 billion.


In the three quarter, international reserve assets increased by US $108 billion, an increase of 31%, of which foreign exchange reserve assets increased by US $107 billion 300 million (excluding exchange rate, price and other non trading value changes), and increased by 700 million US dollars in the reserve position of the fund.


In the first three quarters of 2010, China's current account surplus was 204 billion US dollars, an increase of 30% over the same period last year. The surplus of capital and financial items (including net errors and omissions) was 82 billion 100 million US dollars, and the international reserve assets increased by 286 billion US dollars, up 7% over the same period last year.

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