State Administration of Foreign Exchange: China's current account surplus was 1.7184 trillion yuan in the first three quarters of 2024.

On December 27, the State Administration of Foreign Exchange released China's international balance of payments for the third quarter of 2024 and the first three quarters of the year. The data shows that in the third quarter of 2024, China's current account surplus was 1.0494 trillion yuan, while the capital and financial account deficit was 982.4 billion yuan. For the first three quarters of 2024, China's current account surplus was 1.7184 trillion yuan, and the capital and financial account deficit was 1.8612 trillion yuan. In terms of US dollars, in the third quarter of 2024, China's current account surplus was $147.6 billion, with a goods trade surplus of $229.9 billion, a services trade deficit of $58.6 billion, a primary income deficit of $27.8 billion, and a secondary income surplus of $4.1 billion. The capital and financial account deficit was $138.1 billion, with a capital account surplus of $0.1 billion and a financial account deficit of $138.1 billion. In the first three quarters of 2024, China's current account surplus was $241.3 billion, with a goods trade surplus of $518.3 billion, a services trade deficit of $181.5 billion, a primary income deficit of $105.6 billion, and a secondary income surplus of $10.2 billion. The capital and financial account deficit was $260.9 billion, with a capital account deficit of $0.1 billion and a financial account deficit of $260.8 billion. In terms of SDR, in the third quarter of 2024, China's current account surplus was 110.1 billion SDR, with a capital and financial account deficit of 102.9 billion SDR. In the first three quarters of 2024, China's current account surplus was 180.8 billion SDR, with a capital and financial account deficit of 195.5 billion SDR. The Deputy Director and spokesperson of the State Administration of Foreign Exchange, Li Bin, answered questions about China's international balance of payments and international investment position as of the end of September 2024. In summary, China's international balance of payments remained in basic equilibrium in the first three quarters of 2024, and the international investment position remained stable and healthy as of the end of September 2024.