State Administration of Foreign Exchange: In the third quarter of 2025, China's current account surplus was 1416.5 billion yuan, capital and financial account deficit was 1714.4 billion yuan

The Zhitong Finance App learned that on December 31, the State Administration of Foreign Exchange announced China's balance of payments for the third quarter and the first three quarters of 2025. In the third quarter of 2025, China had a current account surplus of 1416.5 billion yuan and a capital and financial account deficit of 1714.4 billion yuan. In the first three quarters of 2025, China had a current account surplus of 3529.1 billion yuan and a capital and financial account deficit of 370.8 billion yuan.

In dollar terms, in the third quarter of 2025, China had a current account surplus of 198.7 billion US dollars, including a surplus of trade in goods of 269.5 billion US dollars, a deficit of 49.3 billion US dollars in trade in services, an initial revenue deficit of 29.6 billion US dollars, and a secondary revenue surplus of 8.1 billion US dollars. The capital and financial account deficit was US$24.5 billion, of which the capital account surplus was US$100 million and the financial account deficit was US$24.5 billion.

In US dollars, in the first three quarters of 2025, China had a current account surplus of 492.8 billion US dollars, including a surplus of 726.1 billion US dollars in trade in goods, a deficit of 155.8 billion US dollars in trade in services, an initial revenue deficit of 92.5 billion US dollars, and a secondary revenue surplus of 15 billion US dollars. The capital and financial account deficit was US$518.1 billion, of which the capital account deficit was US$100 million and the financial account deficit was US$518 billion.

In terms of SDR, in the third quarter of 2025, China had a current account surplus of 145.2 billion SDR and a capital and financial account deficit of 175.7 billion SDR. In terms of SDR, in the first three quarters of 2025, China had a current account surplus of 366.1 billion SDR and a capital and financial account deficit of 383.3 billion SDR.

This article was compiled from the official website of the “State Administration of Foreign Exchange”. Zhitong Finance Editor: Liu Jiayin.