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Home > News > Valuable News > The surplus of international trade in goods and services was 160.4 billion yuan

The surplus of international trade in goods and services was 160.4 billion yuan

ECHEMI 2020-01-14

According to the data released by the State Administration of foreign exchange on November 26, China's international trade in goods and services in terms of balance of payments amounted to 1651 billion yuan, expenditure 1490.6 billion yuan and surplus 160.4 billion yuan. Among them, the revenue of goods trade is 1511.7 billion yuan, the expenditure is 1222.4 billion yuan, and the surplus is 289.3 billion yuan; the revenue of service trade is 139.3 billion yuan, the expenditure is 268.2 billion yuan, and the deficit is 128.9 billion yuan. The data of foreign financial assets and liabilities of China's banking industry released on the same day shows that among the foreign financial assets of the banking industry, deposit and loan assets are US $813.3 billion, bond assets are US $161.7 billion, and other assets such as equity are US $160.5 billion, accounting for 72%, 14% and 14% of the foreign financial assets of the banking industry respectively. In terms of currency types, RMB assets are US $109.7 billion, US $789 billion and other currency assets are US $236.8 billion, accounting for 10%, 69% and 21% respectively. Among the foreign financial assets of the banking industry, US $563.4 billion was invested in the overseas banking sector, accounting for nearly 50%; US $572.1 billion was invested in the overseas non banking sector, accounting for slightly over 50%.

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