China reports current account surplus in Q2

BEIJING -- China's current account registered a surplus of 531.6 billion yuan in the second quarter of the year, the State Administration of Foreign Exchange said Friday.

In US dollar term, China's current account recorded a surplus of $80.2 billion in the second quarter of 2022.

In the capital and financial accounts, foreign direct investments recorded a surplus of 97.5 billion yuan, and reserve assets decreased by 123.9 billion yuan.

In the first half of 2022, China's current account registered a surplus of 1.096 trillion yuan. In the capital and financial accounts, foreign direct investments recorded a surplus of 477.6 billion yuan, and reserve assets increased by 125.9 billion yuan.