Positive balance of China in first quarter of 2024 amounted to $ 39.2 billion

Balance of account of current operations in China amounted to a surplus of $ 39.2 billion in the first quarter of this year.

State Directorate for Curial China (SAFE) announced the current account for the period of January-March 2024.

The current balance, which expresses the amount of balance of expenses in foreign trade, services, investments and current transfers, amounted to a surplus of $ 39.2 billion in the first 3 months.

During this period, a surplus of $ 121.1 billion in foreign trade, a shortage of $ 61 billion in the sale of services, a deficiency of $ 24.3 billion in investment and a surplus of $ 3.4 billion in current transfers, was recorded. >

The ratio of the surplus of account of current operations to gross domestic product was 0.9 percent.