State Administration of Foreign Exchange: China's current account surplus was 1.1885 trillion yuan in the first quarter.

The State Administration of Foreign Exchange released the preliminary balance of payments for the first quarter of 2025 in China. In the first quarter of 2025, China's current account surplus was 1.1885 trillion yuan, with a merchandise trade surplus of 1.7053 trillion yuan, a services trade deficit of 425.8 billion yuan, a primary income deficit of 110.4 billion yuan, and a secondary income surplus of 19.4 billion yuan. The capital and financial account had a deficit of 1.1885 trillion yuan, with net inflows of foreign direct investment into China.