按美元计值，2025年前三季度，我国经常账户顺差4928亿美元，其中，货物贸易顺差7261亿美元， 服务贸易逆差1558亿美元，初次收入逆差925亿美元，二次收入顺差150亿美元。资本和金融账户逆差 5181亿美元，其中，资本账户逆差1亿美元，金融账户逆差5180亿美元。 按SDR计值，2025年三季度，我国经常账户顺差1452亿SDR，资本和金融账户逆差1757亿SDR。 按SDR计值，2025年前三季度，我国经常账户顺差3661亿SDR，资本和金融账户逆差3833亿SDR。 责任编辑：袁浩 本报讯 记者马玲报道 国家外汇管理局近日发布的2025年三季度及前三季度我国国际收支平衡表显 示，2025年三季度，我国经常账户顺差14165亿元，资本和金融账户逆差17144亿元。 2025年前三季度，我国经常账户顺差35291亿元，资本和金融账户逆差37080亿元。 按美元计值，2025年三季度，我国经常账户顺差1987亿美元，其中，货物贸易顺差2695亿美元，服 务贸易逆差493亿美元，初次收入逆差296亿美元，二次收入顺差81亿美元。资本和金融账户逆差2405亿 美元，其中，资本账户顺差1亿美元，金融账户逆差2 ...

转自：经济日报 （来源：经济日报） 国家外汇管理局2025年12月31日公布的数据显示，2025年三季度，我国经常账户顺差14165亿元，资本 和金融账户逆差17144亿元。按美元计值，2025年三季度，我国经常账户顺差1987亿美元，其中，货物 贸易顺差2695亿美元，服务贸易逆差493亿美元，初次收入逆差296亿美元，二次收入顺差81亿美元。资 本和金融账户逆差2405亿美元，其中，资本账户顺差1亿美元，金融账户逆差2405亿美元。按SDR计 值，2025年三季度，我国经常账户顺差1452亿SDR，资本和金融账户逆差1757亿SDR。 2025年前三季度，我国经常账户顺差35291亿元，资本和金融账户逆差37080亿元。按美元计值，2025年 前三季度，我国经常账户顺差4928亿美元，其中，货物贸易顺差7261亿美元，服务贸易逆差1558亿美 元，初次收入逆差925亿美元，二次收入顺差150亿美元。资本和金融账户逆差5181亿美元，其中，资本 账户逆差1亿美元，金融账户逆差5180亿美元。按SDR计值，2025年前三季度，我国经常账户顺差3661 亿SDR，资本和金融账户逆差3833亿SDR。（经济日报记 ...

Group 1 - The core viewpoint of the news is that China's current account surplus and capital and financial account deficit have been reported for the third quarter of 2025, indicating a mixed balance of trade and investment flows [1][2] - In the current account surplus, the goods trade surplus is reported at 269.5 billion USD, while the service trade deficit is 49.3 billion USD, the primary income deficit is 29.6 billion USD, and the secondary income surplus is 8.1 billion USD [1] - For the first three quarters, the current account surplus amounts to 492.8 billion USD, with a goods trade surplus of 726.1 billion USD and a service trade deficit of 155.8 billion USD [2] Group 2 - The capital and financial account shows a deficit of 518.1 billion USD for the first three quarters, with a capital account deficit of 1 million USD and a financial account deficit of 518 billion USD [2] - As of the end of September, China's total external financial assets are reported at 11,507.3 billion USD, while external liabilities stand at 7,459.7 billion USD, resulting in a net external asset of 404.76 billion USD [2] - The structure of external debt shows a total balance of 2,368.4 billion USD, with a decrease of 2.8% from the end of June, and the currency structure remains stable with 51.9% in local currency [2][3]

本报讯 （记者刘琪）12月31日，国家外汇管理局公布2025年三季度及前三季度我国国际收支平衡表。 （编辑 李波） 2025年三季度，我国经常账户顺差14165亿元，资本和金融账户逆差17144亿元。 2025年前三季度，我国经常账户顺差35291亿元，资本和金融账户逆差37080亿元。 按美元计值，2025年三季度，我国经常账户顺差1987亿美元，其中，货物贸易顺差2695亿美元，服务贸易逆差493亿美 元，初次收入逆差296亿美元，二次收入顺差81亿美元。资本和金融账户逆差2405亿美元，其中，资本账户顺差1亿美元，金融 账户逆差2405亿美元。 按美元计值，2025年前三季度，我国经常账户顺差4928亿美元，其中，货物贸易顺差7261亿美元，服务贸易逆差1558亿美 元，初次收入逆差925亿美元，二次收入顺差150亿美元。资本和金融账户逆差5181亿美元，其中，资本账户逆差1亿美元，金 融账户逆差5180亿美元。 按SDR计值，2025年三季度，我国经常账户顺差1452亿SDR，资本和金融账户逆差1757亿SDR。 按SDR计值，2025年前三季度，我国经常账户顺差3661亿SDR，资本和金融账户逆差3 ...

Core Insights - The State Administration of Foreign Exchange reported a current account surplus of 35,291 billion yuan for the first three quarters of 2025, while the capital and financial account recorded a deficit of 37,080 billion yuan [1] - In USD terms, the current account surplus amounted to 4,928 billion dollars, and the capital and financial account deficit was 5,181 billion dollars [1] - As of the end of September 2025, China's foreign financial assets totaled 115,073 billion dollars, foreign liabilities were 74,597 billion dollars, resulting in a net foreign asset position of 40,476 billion dollars [1]

智通财经APP获悉，12月31日，国家外汇管理局公布2025年三季度及前三季度我国国际收支平衡表。 2025年三季度，我国经常账户顺差14165亿元，资本和金融账户逆差17144亿元。2025年前三季度，我国 经常账户顺差35291亿元，资本和金融账户逆差37080亿元。 按SDR计值，2025年三季度，我国经常账户顺差1452亿SDR，资本和金融账户逆差1757亿SDR。按SDR 计值，2025年前三季度，我国经常账户顺差3661亿SDR，资本和金融账户逆差3833亿SDR。 本文编选自"国家外汇管理局"官网，智通财经编辑：刘家殷。 按美元计值，2025年前三季度，我国经常账户顺差4928亿美元，其中，货物贸易顺差7261亿美元，服务 贸易逆差1558亿美元，初次收入逆差925亿美元，二次收入顺差150亿美元。资本和金融账户逆差5181亿 美元，其中，资本账户逆差1亿美元，金融账户逆差5180亿美元。 按美元计值，2025年三季度，我国经常账户顺差1987亿美元，其中，货物贸易顺差2695亿美元，服务贸 易逆差493亿美元，初次收入逆差296亿美元，二次收入顺差81亿美元。资本和金融账户逆差2405亿美 元 ...

Core Insights - In Q3 2025, China's current account surplus was 1.3948 trillion yuan, driven by a goods trade surplus of 1.9213 trillion yuan, while the capital and financial account recorded a deficit of 1.3948 trillion yuan [1][2] - For the first three quarters of 2025, the current account surplus reached 3.5074 trillion yuan, with a goods trade surplus of 5.2015 trillion yuan, and a capital and financial account deficit of 3.3885 trillion yuan [1][2] Summary by Categories Current Account - Q3 2025 current account surplus: 1.3948 trillion yuan (195.6 billion USD) [1] - Goods trade surplus in Q3 2025: 1.9213 trillion yuan (269.5 billion USD) [1] - Service trade deficit in Q3 2025: 352 billion yuan (49.4 billion USD) [1] - First three quarters 2025 current account surplus: 3.5074 trillion yuan (489.8 billion USD) [2] - Goods trade surplus for the first three quarters: 5.2015 trillion yuan (726.2 billion USD) [2] Capital and Financial Account - Q3 2025 capital and financial account deficit: 1.3948 trillion yuan (195.6 billion USD) [1] - First three quarters 2025 capital and financial account deficit: 3.3885 trillion yuan (473.3 billion USD) [2]

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]

Core Insights - The State Administration of Foreign Exchange of China released preliminary data on the international balance of payments for the third quarter and the first three quarters of 2025, indicating significant trends in the country's trade and financial accounts [1] Group 1: Third Quarter Data - In the third quarter of 2025, China's current account surplus was $195.6 billion, driven by a goods trade surplus of $269.5 billion [1] - The service trade recorded a deficit of $49.4 billion, while the primary income showed a deficit of $32.6 billion, and the secondary income had a surplus of $8.1 billion [1] - The capital and financial account, including net errors and omissions for the quarter, reported a deficit of $195.6 billion [1] Group 2: Year-to-Date Data - For the first three quarters of 2025, China's current account surplus reached $489.8 billion, with a goods trade surplus of $726.2 billion [1] - The service trade deficit expanded to $155.8 billion, and the primary income deficit was $95.5 billion, while the secondary income surplus was $14.9 billion [1] - The capital and financial account, including net errors and omissions for the period, showed a deficit of $473.3 billion [1]

Core Insights - The State Administration of Foreign Exchange of China reported preliminary data on the international balance of payments for the third quarter and the first three quarters of 2025, indicating a significant surplus in the current account [1][2]. Group 1: Current Account Overview - In Q3 2025, China's current account surplus was 13,948 billion yuan, with a goods trade surplus of 19,213 billion yuan, a services trade deficit of 3,520 billion yuan, a primary income deficit of 2,324 billion yuan, and a secondary income surplus of 579 billion yuan [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, a services trade deficit of 11,166 billion yuan, a primary income deficit of 6,844 billion yuan, and a secondary income surplus of 1,069 billion yuan [1]. Group 2: Capital and Financial Account - In Q3 2025, the capital and financial account (including net errors and omissions) recorded a deficit of 13,948 billion yuan, while direct investment into China maintained a net inflow [1]. - For the first three quarters of 2025, the capital and financial account (including net errors and omissions) showed a deficit of 33,885 billion yuan [1]. Group 3: USD Valuation - In USD terms, the current account surplus for Q3 2025 was 1,956 billion USD, with a goods trade surplus of 2,695 billion USD, a services trade deficit of 494 billion USD, a primary income deficit of 326 billion USD, and a secondary income surplus of 81 billion USD [1]. - For the first three quarters of 2025, the current account surplus was 4,898 billion USD, with a goods trade surplus of 7,262 billion USD, a services trade deficit of 1,558 billion USD, a primary income deficit of 955 billion USD, and a secondary income surplus of 149 billion USD [2]. Group 4: SDR Valuation - In terms of Special Drawing Rights (SDR), the current account surplus for Q3 2025 was 1,429 billion SDR, with a goods trade surplus of 1,969 billion SDR, a services trade deficit of 361 billion SDR, a primary income deficit of 238 billion SDR, and a secondary income surplus of 59 billion SDR [2]. - For the first three quarters of 2025, the current account surplus was 3,639 billion SDR, with a goods trade surplus of 5,394 billion SDR, a services trade deficit of 1,161 billion SDR, a primary income deficit of 705 billion SDR, and a secondary income surplus of 110 billion SDR [2].