At the end of September, China s international investment position remained stable

Mondo Tourism Updated on 2024-01-31

CCTV Beijing, December 29 According to the State Administration of Foreign Exchange, on December 29, Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, said in response to reporters' questions on China's international investment position at the end of September 2023 that at the end of September 2023, China's international investment position remained stable, and the scale of reserve assets continued to rank first in the world.

First, the scale of China's net external assets has increased. At the end of September 2023, China's external assets amounted to US$9,304.6 billionThe scale of external liabilities was 6,448.1 billion US dollars;The scale of external net assets (assets minus liabilities) was 2,856.5 billion US dollars, an increase of 29%, maintaining a steady growth.

Second, the structure of external assets and liabilities continued to be optimized. Among the external assets, reserve assets are 33 trillion US dollars, the scale continues to rank first in the world;The proportion of non-reserve assets increased slightly from the end of June 2023. More than 50% of the external liabilities are direct investment in China, with a scale of 3US$3 trillion, an increase from the end of June 2023, shows that China remains attractive to foreign long-term capital.

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