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外汇局:上半年经常账户顺差3006亿美元
Sou Hu Cai Jing·2025-08-08 10:51

Core Viewpoint - The preliminary data for the first half of 2025 indicates a significant current account surplus for China, driven by a strong goods trade surplus, while the capital and financial account shows a notable deficit [2][3]. Group 1: Current Account Overview - In the first half of 2025, China's current account surplus reached $300.6 billion, with a goods trade surplus of $456.6 billion and a services trade deficit of $1.059 billion [2]. - For the second quarter of 2025, the current account surplus was $135.1 billion, with a goods trade surplus of $219.1 billion and a services trade deficit of $465 million [2]. Group 2: Capital and Financial Account - The capital and financial account, including net errors and omissions, recorded a deficit of $275.8 billion in the first half of 2025 and a deficit of $135.1 billion in the second quarter [2]. Group 3: Trade and Service Dynamics - The total goods import and export under the international balance of payments increased by 2.4% year-on-year in the first half of 2025 [3]. - Service trade revenues grew by 13% year-on-year, with cross-border travel income surging by 42%, while service trade expenditures increased by 2%, leading to a 14% reduction in the service trade deficit [3]. Group 4: Future Outlook - The ongoing optimization of China's economic structure and the steady progress in financial market opening are expected to support the maintenance of a basic balance in international payments [4].