China's current, capital accounts' surplus continues to rise

China's surplus in both current and capital accounts continued to rise in the first three months of the year, driving the foreign exchange reserves up $74.8 billion, the State Administration of Foreign Exchange said on June 14.

In the first quarter of the year, the current account surplus stood at $23.5 billion, while capital and financial accounts registered a surplus of $56.1 billion, among which direct investment inflows accounted for 87.2 percent.

China's reserve position in the IMF went down $400 million, while its Special Drawing Rights rose $200 million in the first three months of the year.