State Administration of Foreign Exchange: China’s banking sector’s external financial assets were US$1372.4 billion at the end of 2020

　　China News Service, March 25. According to the website of the State Administration of Foreign Exchange, the State Administration of Foreign Exchange announced on the 25th China’s banking sector’s external financial assets and liabilities data at the end of 2020.

Statistics show that by the end of 2020, my country's banking industry has foreign financial assets of US$1372.4 billion, foreign liabilities of US$1.4847 billion, and net foreign liabilities of US$112.3 billion, of which RMB net debt is US$435.6 billion and foreign currency net assets are US$323.4 billion.

Data map: A bank staff counts currency.

Photo by China News Agency reporter Zhang Yun

　　Among the external financial assets of the banking industry, in terms of different instruments, deposit and loan assets were US$1003.3 billion, bond assets were US$181.6 billion, and other assets such as equity were US$187.5 billion, accounting for 73%, 13% and 14% of the banking industry’s external financial assets, respectively.

In terms of currency, RMB assets are 149.6 billion U.S. dollars, U.S. dollar assets are 943 billion U.S. dollars, and other currency assets are 279.9 billion U.S. dollars, accounting for 11%, 69%, and 20%, respectively.

In terms of investment sectors, US$708.4 billion was invested in overseas banking sectors, accounting for 52%; US$664 billion was invested in overseas non-banking sectors, accounting for 48%.

　　Among the external liabilities of the banking industry, by instrument, deposit and loan liabilities are 809.5 billion US dollars, bond liabilities 291.6 billion US dollars, and other liabilities such as equity are 383.5 billion US dollars, accounting for 55%, 20%, and 26% of the banking industry’s external liabilities, respectively.

In terms of currencies, RMB liabilities are 585.2 billion U.S. dollars, U.S. dollar liabilities are 561.4 billion U.S. dollars, and other currencies are 338.1 billion U.S. dollars, accounting for 39%, 38%, and 23%, respectively.

In terms of the source sector, the foreign banking sector came from 613.4 billion US dollars, accounting for 41%; from the overseas non-banking sector 871.3 billion US dollars, accounting for 59%.