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- Index number:
- 000014453-2012-00214
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- Dispatch date:
- 2012-07-13
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- Publish organization:
- State Administration of Foreign Exchange
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- Exchange Reference number:
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- Name:
- The SAFE Releases Data for Q1, 2012, onChina’s Balance of Payments Statement
The SAFE recently released the formal data on
In Q1 of 2012, the surplus under the current account reached USD23.5 billion. Specifically, according to the statistical coverage of the balance of payments, the surpluses in goods, income, and current transfers reached USD21.9 billion, USD17.3 billion, and USD2.5 billion, respectively, whereas the deficit in trade in services amounted to USD18.1 billion.
Meanwhile,