Core Insights - The State Administration of Foreign Exchange of China reported a current account surplus of 13,948 billion yuan for Q3 2025, driven by a goods trade surplus of 19,213 billion yuan, despite service and primary income deficits [1] - For the first three quarters of 2025, the current account surplus reached 35,074 billion yuan, with a goods trade surplus of 52,015 billion yuan, indicating strong trade performance [1][2] - The capital and financial account showed a deficit of 13,948 billion yuan in Q3 2025, with net inflows from foreign direct investment into China [1] Summary by Categories Current Account - In Q3 2025, the current account surplus was 13,948 billion yuan, equivalent to 1,956 billion USD, with a goods trade surplus of 19,213 billion yuan (2,695 billion USD) [1] - For the first three quarters of 2025, the current account surplus totaled 35,074 billion yuan (4,898 billion USD), with a goods trade surplus of 52,015 billion yuan (7,262 billion USD) [2] Trade Balances - Q3 2025 saw a service trade deficit of 3,520 billion yuan and a primary income deficit of 2,324 billion yuan, while the secondary income recorded a surplus of 579 billion yuan [1] - In the first three quarters of 2025, the service trade deficit was 11,166 billion yuan, and the primary income deficit was 6,844 billion yuan, with a secondary income surplus of 1,069 billion yuan [1][2] Capital and Financial Account - The capital and financial account recorded a deficit of 13,948 billion yuan in Q3 2025, including net errors and omissions [1] - For the first three quarters of 2025, the capital and financial account deficit was 33,885 billion yuan, indicating significant outflows [1][2]
三季度我国经常账户顺差13948亿元
Jin Rong Shi Bao·2025-11-10 01:26