Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

China reports current account surplus in 2020

February 20, 2021


Abstract : China reported a current account surplus of 298.9 billion U.S. dollars in 2020 as the economy recovered amid effective epidemic control, official data showed Friday.

BEIJING, Feb. 19 (Xinhua) -- China reported a current account surplus of 298.9 billion U.S. dollars in 2020 as the economy recovered amid effective epidemic control, official data showed Friday.

Trade in goods posted a surplus of 533.8 billion dollars last year, while trade in services saw a deficit of 145.3 billion dollars, according to data released by the State Administration of Foreign Exchange.

In the fourth quarter, the country saw a current account surplus of 130.2 billion dollars, with a surplus of 193.6 billion dollars in the goods trade.

Trade in services reported a deficit of 28.4 billion dollars in the last quarter of 2020, the data showed. Enditem

Scan the QR code and push it to your mobile phone

Keyword: current account

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial