Published: 20:38, September 30, 2024
China's external financial assets exceed $9.79 trillion
By Xinhua
A pedestrian walks past the headquarters of the PBOC in Beijing. (PHOTO / CHINA NEWS SERVICE)

BEIJING — China's external financial assets topped $9.79 trillion at the end of June, official data showed on Monday.

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

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

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