China's external financial assets top $1.77t

BEIJING -- The external financial assets of China's banking sector topped $1.77 trillion at the end of June this year, official data showed on Monday.

The sector's external financial liabilities stood at nearly $1.54 trillion at the end of June, resulting in $234.4 billion of net external assets, according to the State Administration of Foreign Exchange.

Deposit and loan assets surpassed $1.06 trillion, accounting for 60 percent of all external financial assets, and bond assets stood at $452.6 billion, accounting for 26 percent of the total.

Of external liabilities, deposit and loan liabilities totaled $676.1 billion, while bond liabilities came in at $356.1 billion.