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China's external financial assets exceed 9.79 trln USD

China's external financial assets. Photo by Xinhua.
China's external financial assets. Photo by Xinhua.

China's external financial assets topped 9.79 trillion U.S. dollars at the end of June, official data showed.

This was reported by The Xinhua News Agency.

The external financial liabilities stood at over 6.8 trillion dollars at the end of June, resulting in nearly 2.99 trillion dollars of net external assets, according to the State Administration of Foreign Exchange.

Among the external financial assets, reserves assets reached 3.45 trillion U.S. dollars, accounting for 35 percent of the total, and direct investment assets stood at 3.02 trillion U.S. dollars, accounting for 31 percent of the total.

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In external liabilities, direct investment liabilities were nearly 3.49 trillion U.S. dollars or 51 percent of the total, while portfolio investment liabilities were nearly 1.86 trillion U.S. dollars or 27 percent of the total.

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