China's external financial assets exceed $9.79t

BEIJING - China's external financial assets topped $9.79 trillion at the end of June, official data showed on Monday.

The external financial liabilities stood at over $6.8 trillion at the end of June, resulting in nearly $2.99 trillion of net external assets, according to the State Administration of Foreign Exchange.

Among the external financial assets, reserves assets reached $3.45 trillion, accounting for 35 percent of the total, and direct investment assets stood at $3.02 trillion, accounting for 31 percent of the total.

In external liabilities, direct investment liabilities were nearly $3.49 trillion or 51 percent of the total, while portfolio investment liabilities were nearly $1.86 trillion or 27 percent of the total.