Li Bin of the State Administration of Foreign Exchange: By the end of March, China's foreign assets were approximately $12 trillion, with net foreign assets exceeding $4 trillion, ranking second globally.

date
17/07/2026
On July 17th, during a press conference at the State Council Information Office, Li Bin, the deputy director of the State Administration of Foreign Exchange, stated that China has gradually formed an international balance of payments with a surplus in the current account and a deficit in the capital and financial accounts. The funds generated by the surplus in the current account flow into various global regions, industries, and financial markets through investments by banks and companies. Since 2026, China has maintained a surplus in the current account, with domestic entities increasing their outward investments by over $300 billion in the first five months. By the end of March 2026, China's foreign assets reached approximately $12 trillion, a historical high; and its net foreign assets exceeded $4 trillion, ranking second among all global economies.