China reports healthy capital accounts in Q3
Updated: 2013-12-19 09:07
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Large Medium SmallBEIJING - China's foreign exchange regulator on Wednesday announced surpluses in both current and capital accounts for the third quarter.
It was the fourth quarter in a row of surpluses in both accounts, according to the State Administration of Foreign Exchange (SAFE).
The current account surplus, which measures foreign trade in goods and services, came in at $40.4 billion in the July-September period.
The capital and financial account was $80.5 billion in the black, including $34.2 billion of net inflow of direct investment.
International reserve assets also grew by $97 billion.
SAFE said in the first nine months, the country ran a current account surplus of $138.8 billion, and $199.2 billion under the capital and financial account, with international reserve assets adding $300.6 billion.
