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2026-07-17 10:44:12
[State Administration of Foreign Exchange: my country's Foreign Assets Reached Approximately US$12 Trillion at the End of March, with Net Foreign Assets Exceeding US$4 Trillion, Ranking Second Globally] At a press conference held by the State Council Information Office, Li Bin, Deputy Director of the State Administration of Foreign Exchange, stated that my country has gradually formed a self-balancing pattern of international payments, characterized by a current account surplus and a capital and financial account deficit. Capital inflows resulting from the current account surplus are allocated to different regions, industries, and financial markets globally through outbound investment by banks and enterprises. Since 2026, my country has maintained a current account surplus, with domestic entities adding over US$300 billion in outbound investment in the first five months. At the end of March 2026, my country's foreign assets reached approximately US$12 trillion, a record high; net foreign assets exceeded US$4 trillion, ranking second among global economies.
