China sees current account surplus in 2019

Source: Xinhua | 2020-03-28

China reported a current account surplus of 141.3 billion U.S. dollars last year, data from the country's forex regulator showed Friday.

The reading equals 1 percent of the country's gross domestic product, according to a report released by the State Administration of Foreign Exchange (SAFE).

Meanwhile, the country's capital and financial account recorded a surplus of 56.7 billion dollars, according to the report.

By the end of 2019, China's net external financial assets stood at 2.12 trillion dollars.