男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Offshore financial assets expand 7% to $4.4t

Updated: 2011-07-27 08:56

By Gao Changxin (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

SHANGHAI - China's offshore financial assets rose 7 percent in the year to March to $4.4 trillion, primarily propelled by rising foreign-exchange reserves.

According to the nation's balance sheet of foreign-exchange assets and liabilities, also known as the International Investment Position, offshore financial liabilities increased 5 percent to $2.5 trillion as of the end of March. That resulted in net assets of $1.9 trillion, according to a statement on the website of the State Administration of Foreign Exchange (SAFE) on Tuesday.

Offshore financial assets expand 7% to $4.4t

An advertisement for exchange services for China's renminbi, or yuan, the US dollar and the euro at a money exchange in Hong Kong.?[Photo/Agencies]

It was the first time that SAFE, manager of China's $3.2 trillion in foreign reserves, updated the figures on a quarterly basis. Previously, the balance sheet was only released annually.

"China's overseas financial assets and liabilities have increased constantly over the past few years, boosted by increased foreign-exchange reserves and overseas investment," said Lu Zhengwei, chief economist with Industrial Bank Co Ltd.

"It is a result of China's increased forays into international markets." The International Investment Position reflects a country's stock of financial assets and liabilities to outside nations. Combined with the balance of international payments, it shows a country's complete international trade and investment flows.

China's current-account surplus - the broadest measure of trade with the world - narrowed 21 percent to $28.8 billion in the first quarter, according to SAFE's revised figures published in May.

The capital-account surplus, which measures the net capital inflow, widened 41 percent from a year earlier to $86.1 billion during the same period.

Reserve assets, including foreign-exchange reserves, gold and special drawing rights, remained the biggest portion of the $4.4 trillion in financial assets, or 71 percent, unchanged from the end of 2010.

Reserve assets increased $201.4 billion in the first quarter, including $197.3 billion in foreign exchange reserves, to $3.1 trillion.

"Foreign-exchange reserves are still the main channel through which China's overseas financial assets increase," said Ding Zhijie, dean of the School of Banking and Finance at the Beijing-based University of International Business and Economics.

China's foreign reserves, now the world's biggest, have surged in recent years, supported by long-term capital- and current-account surpluses.

Ding added that judging from SAFE's figures, the country has done a good job in investing its foreign reserves in the first quarter.

Out of the $197.3-billion increase in foreign reserves in the first quarter, $138 billion was generated from net capital inflows, Ding said.

主站蜘蛛池模板: 惠州市| 垦利县| 麻江县| 西丰县| 蒲江县| 包头市| 武宁县| 潢川县| 华亭县| 从江县| 余姚市| 合作市| 友谊县| 弥渡县| 搜索| 淮安市| 青铜峡市| 洞口县| 陇西县| 长治市| 葫芦岛市| 福清市| 娄烦县| 斗六市| 海盐县| 宽城| 汕头市| 滕州市| 客服| 丹巴县| 巴彦淖尔市| 冀州市| 新安县| 凤凰县| 贵州省| 礼泉县| 定边县| 庄浪县| 汶川县| 万全县| 江山市| 襄垣县| 江源县| 天峨县| 宜城市| 冕宁县| 富裕县| 昌邑市| 隆安县| 喀什市| 晋中市| 东光县| 盐山县| 集贤县| 巴彦淖尔市| 河曲县| 文水县| 曲水县| 南汇区| 龙陵县| 休宁县| 临高县| 乌拉特前旗| 绥江县| 碌曲县| 张掖市| 金门县| 广昌县| 九江县| 竹溪县| 绥宁县| 福贡县| 胶南市| 临泉县| 翁牛特旗| 康定县| 柳河县| 玉树县| 丰城市| 沂源县| 江西省| 铅山县|