Business

China's current account Q2 surplus at RMB 344.7 billion

Xinhua

Updated: 2021-10-02 21:14

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A bank staff member counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. [Photo/Xinhua]

BEIJING - China's current account registered a surplus of 344.7 billion yuan, equivalent to $53.3 billion, in the second quarter of 2021, and the capital and financial accounts recorded a surplus of 84.8 billion yuan.

The financial account (excluding reserve assets) recorded a surplus of 407 billion yuan, and reserve assets rose by 322.4 billion yuan, said the State Administration of Foreign Exchange.

In the first half of 2021, China's current account registered a surplus of 795 billion yuan, and the capital and financial accounts recorded a deficit of 366 billion yuan.

The financial account (excluding reserve assets) recorded a surplus of 183.5 billion yuan in the first six months, and reserve assets rose by 549.3 billion yuan.

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