The State Administration of Foreign Exchange announced that in 1Q26, China recorded a current account surplus of RMB1.2821 trillion. Among which, the goods trade surplus was RMB1.7212 trillion, the services trade deficit was RMB413.9 billion, the primary income deficit was RMB52 billion, and the secondary income surplus was RMB26.8 billion, AASTOCKS reports.
The capital and financial account (including net errors and omissions for the quarter) recorded a deficit of RMB1.2821 trillion, while direct investment into China maintained net inflows.
In USD terms, China recorded a current account surplus of USD 184.1 billion in 1Q26. Among which, the goods trade surplus was USD 247.4 billion, the services trade deficit was USD 59.6 billion, the primary income deficit was USD 7.5 billion, and the secondary income surplus was USD 3.9 billion. The capital and financial account (including net errors and omissions for the quarter) recorded a deficit of USD 184.1 billion. (/da)
