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China reports current account surplus in first three quarters

XINHUA

發布於 2023年12月29日14:49 • Wang Siyuan,Liu Kaixiong,unreguser

This photo taken on Nov. 4, 2022 shows an evening view of the Lujiazui area in east China's Shanghai. (Xinhua/Wang Xiang)

BEIJING, Dec. 29 (Xinhua) -- China's current account surplus amounted to 209 billion U.S. dollars in the first three quarters of 2023, official data showed on Friday.

The current account surplus to gross domestic product ratio was 1.6 percent during this period, which is within a reasonable and balanced range, according to the State Administration of Foreign Exchange.

Direct investment logged a net inflow of 15.5 billion U.S. dollars, the administration revealed.

China's huge market, complete industrial system and high-level institutional opening up will continue to attract foreign investment in the future, said Wang Chunying, deputy head of the administration. ■

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