Off the wire
• Danish jewelry maker Pandora sees revenue up 36.8 pct in Q1  • China Focus: Internet finance regains popularity amid volatile stock market  • Chinese vice premier meets Apple CEO  • 1st Ld-Writethru: Latest Nepal quake kills woman in Tibet  • Greece repays 750-million-euro loan installment to IMF  • Spanish treasury places 5.196 bln euros on market  • 1st LD: China vows to further streamline administrative procedures  • Japan bans flying of drones in public parks and eyes no fly zones near "key facilities"  • Alibaba, Meraas in deal targetting Mideast market  • Urgent: Death toll climbs to 36, another 1,117 injured in Nepal's new quake  
You are here: 　 Home

China's Q1 current account surplus hits 484.4 bln yuan

Xinhua, May 12, 2015 Adjust font size:

Current account surplus in 2015 first quarter (Q1) hit 484.4 billion yuan (78.9 billion U.S. dollars), said the State Administration of Foreign Exchange (SAFE) on Tuesday.

Q1 deficit under the capital and financial account was 484.4 billion yuan.

The international reserve assets decreased by 492.5 billion yuan.

From this year on, the balance of payments accounting method will be in accordance with the latest IMF standards, SAFE said in the statement.

In 2014, the surplus under the current account was 1.35 trillion yuan, while the capital and financial account surplus was 232 billion yuan. International reserve assets rose by 720.9 billion yuan in 2014. Endi