China's current account surplus was 39.2 billion U.S. dollars in the first quarter (Q1) of the year, official data showed.
This was reported by The Xinhua News Agency.
The current account surplus to gross domestic product ratio was 0.9 percent during the period, according to the State Administration of Foreign Exchange.
Of the total, the surplus under trade in goods came in at 121.1 billion dollars, and the deficit under trade in services stood at 61 billion dollars, the data showed.
"Chinese economy boasts a solid foundation, multiple development advantages, strong resilience and great potential, all of which will help underpin the country's balance of payments", – said Wang Chunying, deputy head of the administration.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.