CCTV News: The State Administration of Foreign Exchange announced the balance of payments in my country in 2024 on March 28. Data shows that in 2024, my country's balance of international payments will remain basically balanced.
The latest data from the State Administration of Foreign Exchange shows that in 2024, my country's current account surplus was US$423.9 billion, and the ratio to GDP was 2.2%, continuing to be in a reasonable equilibrium range. Foreign direct investment capital increased by US$90.9 billion, and bond investment in China was inflowed by US$46.8 billion. At the end of 2024, my country's foreign net assets were US$3.3 trillion, an increase of 15.6%.
The relevant person in charge of the State Administration of Foreign Exchange said that in 2024, my country's balance of payments will remain basically balanced. The trade in goods has maintained a high surplus, the export commodity structure is optimized, and the trading partners have become more diversified. Foreign direct investment and foreign securities investment remain active.
In 2025, my country will accelerate the construction of a new development pattern, implement more active and effective macro policies, expand domestic demand in all aspects, promote the sustained recovery and improvement of the economy, and the internal foundation for the stable operation of the balance of payments will be more solid. The import and export scale was 3686.1 billion yuan, an increase of 14% year-on-year
The State Administration of Foreign Exchange announced the latest import and export of goods and services in my country on March 28. Data shows that since 2025, my country's foreign trade has achieved a good start.
The latest data from the State Administration of Foreign Exchange showed that in February, my country's import and export scale of goods and services trade in international balance of payments was 368.61 billion yuan, an increase of 14% year-on-year. In the first two months of 2025, the cumulative surplus of international balance of payments trade in goods and services was 817 billion yuan, the best level in the same period in history, and my country's foreign trade achieved a good start.
Wang Qing, chief macro analyst of Oriental Jincheng, introduced that my country continues to promote enterprises to explore diversified international markets and cultivate new advantages in foreign trade competition, so that the categories and quality of my country's exported goods are continuously optimized and upgraded, and the export countries and regions continue to expand, which will continue to lay a solid foundation for my country's goods trade exports to maintain a high scale surplus. In addition, a series of policies such as facilitating entry and payment have gradually expanded, which has continued to drive the increase in travel to China. my country's competitiveness in emerging productive service industries such as commercial services, telecommunications, computers and information services is also increasing, which will continue to bring strong impetus to my country's foreign trade development.