Season waichu 811 billion increase in current account surplus increased by 30%

The Chinese Circular 19 published data show that during the second half of the growth of China's foreign exchange reserves of us $ 811; current account surplus 705 billion, an increase of 30%. However, when a quarter of the capital and financial projects surpluses of the industry substantially shrunk in size, this is the second-quarter decline in the inflow of funds. Prior to this, the Chinese Central Bank is expected in the future does not rule out the funding set out of the risk.

Safe 2010 today released the second quarter and first half of this year, China BOP preliminary data indicate that the second season of payments current account, capital finance projects continue to maintain the "double surplus."

Current account surplus up significantly warmer. Second quarter current account surplus 705 billion, an increase of 30% in the first quarter of the current account surplus is still in year-over-year drop of 48% of the trough. Second quarter current account surplus, 595 billion trade surplus goods, services, trade deficit billion, earnings surplus 72 billion surplus in the current transfer US $ 99.

Second quarter capital and financial projects surpluses were reduced in the first quarter. Capital and financial projects surpluses 115 billion. Direct investment inflow of US $ 21 billion. Chinese official said that in May this year, the international financial flows to the heat inside the people's Republic of China, China's Central Bank or even slowing down is expected to be "the future does not rule out certain circumstances foreign exchange funds set out of the risk".

China Waichu boosted by continuous high. Second quarter international reserve assets increased 821 million, according to the comparable year-over-year drop of 17%. Which foreign currency reserve assets increased 811 billion in IMF reserve position increases of US $ 900 million.

In the first half of 2010, China's balance of payments current account surplus 1242 billion, an 8% reduction, the current account surplus 4.9% of GDP, up down 1.3 percentage, capital and financial projects surpluses 539 billion; international reserve assets increased 1780 billion, an increase of 8%.