State Administration of Foreign Exchange: my country’s current account deficit in the first quarter of 2020 was 235.2 billion yuan

　　China News Service, June 24, according to the State Administration of Foreign Exchange website, the State Administration of Foreign Exchange announced on the 24th my country's balance of payments for the first quarter of 2020. In the first quarter of 2020, my country’s current account deficit was 235.2 billion yuan, and its capital and financial account surplus was 77.4 billion yuan.

　　In terms of SDR, in the first quarter of 2020, my country's current account deficit was 25 billion SDR, and the capital and financial account surplus was 8.2 billion SDR.

　　In dollar terms, in the first quarter of 2020, my country’s current account deficit was US$33.7 billion, of which the goods trade surplus was US$21.3 billion, the service trade deficit was US$47 billion, the initial income deficit was US$11.3 billion, and the secondary income surplus was US$1.6 billion. Capital and financial account surpluses were US$11.1 billion, of which capital account surplus was US$100 million, direct investment surplus was US$16.3 billion, securities investment surplus was US$53.2 billion, financial derivative surplus was US$4.6 billion, other investment surplus was US$27.7 billion, and reserve assets decreased. $25.1 billion.

China's Balance of Payments Statement (Overview Table) in the First Quarter of 2020