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China's foreign financial assets hit US$4.67 trln at end-Sep

Feb. 2, 2012 (China Knowledge) - China's foreign financial assets had reached US$4.67 trillion at the end of September last year, according to the latest statistics released by the State Administration of Foreign Exchange.

The figure included US$345.5 billion in foreign direct investment (FDI), US$257.3 billion investments in foreign securities and US$784.7 billion in other investments, which accounted for 7%, 6% and 17% of the total, respectively.

The country's reserve assets were US$3.28 trillion at the end of September 2011, accounting for 70% of its total foreign financial assets.
 
The administration said that the country's foreign financial liabilities had increased to US$2.78 trillion at the end of September last year.

The total foreign financial liabilities comprised US$1.63 trillion in foreign direct investment into China, US$231.8 billion of securities investments, US$918.7 billion in other investments, which account for 59%, 8% and 33% of the total.

China saw its net foreign financial assets reached US$1.89 trillion in the third quarter of 2011.






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