SAFE Releases China's International Investment Position as at the End of September 2023_Data Interpretation_State Administration of Foreign Exchange

2024-01-01 08:02:42 · SAFE

As at the end of September 2023, China's external financial assets reached USD 9304.6 billion, external financial liabilities reached USD 6448.1 billion, and net external assets totaled USD 2856.5 billion.

In the external financial assets, direct investment assets amounted to USD 2878.9 billion, portfolio investment assets, USD 1075.9 billion, financial derivative assets, USD 22.5 billion, other investment assets, USD 2018.9 billion, and reserves assets, USD 3308.5 billion, accounting for 31 percent, 12 percent, 0.2 percent, 22 percent and 36 percent of external financial assets respectively.

In external liabilities, direct investment liabilities were USD 3345.0 billion, portfolio investment liabilities, USD 1673.6 billion, financial derivative liabilities, USD 21.6 billion and other investment liabilities, USD 1407.8 billion, accounting for 52 percent, 26 percent, 0.3 percent and 22 percent of the external financial liabilities respectively.

In SDR terms, China's external financial assets and liabilities reached SDR 7075.8 billion and SDR 4903.6 billion respectively, and external net assets totaled SDR 2172.3 billion at the end of September 2023.

China's International Investment Position,

End of September 2023

Item	Line No.	Position in 100 million USD	Position in 100 millionSDR
Net Position	1	28565	21723
Assets	2	93046	70758
1 Direct Investment	3	28789	21893
1.1 Equity and Investment Fund Shares	4	24579	18692
1.2 Debt Instruments	5	4209	3201
1.a Financial Sectors	6	3935	2992
1.1.a Equity and Investment Fund Shares	7	3695	2810
1.2.a Debt Instruments	8	240	182
1.b Non-financial Sectors	9	24854	18901
1.1.b Equity and Investment Fund Shares	10	20885	15882
1.2.b Debt Instruments	11	3970	3019
2 Portfolio Investment	12	10759	8182
2.1 Equity and Investment Fund Shares	13	6099	4638
2.2 Debt Securities	14	4660	3544
3 Financial Derivatives (other than reserves) and Employee Stock Options	15	225	171
4 Other Investment	16	20189	15353
4.1 Other Equity	17	99	75
4.2 Currency and Deposits	18	4651	3537
4.3 Loans	19	8088	6151
4.4 Insurance, Pension, and Standardized Guarantee Schemes	20	278	211
4.5 Trade Credit and Advances	21	6292	4785
4.6 Others	22	781	594
5 Reserve Assets	23	33085	25160
5.1 Monetary Gold	24	1318	1002
5.2 Special Drawing Rights	25	523	398
5.3 Reserve Position in the IMF	26	96	73
5.4 Foreign Currency Reserves	27	31151	23689
5.5 Other Reserve Assets	28	-3	-2
Liabilities	29	64481	49036
1 Direct Investment	30	33450	25438
1.1 Equity and Investment Fund Shares	31	30397	23116
1.2 Debt Instruments	32	3053	2322
1.a Financial Sectors	33	1864	1417
1.1.a Equity and Investment Fund Shares	34	1668	1268
1.2.a Debt Instruments	35	196	149
1.b Non-financial Sectors	36	31587	24021
1.1.b Equity and Investment Fund Shares	37	28729	21848
1.2.b Debt Instruments	38	2858	2173
2 Portfolio Investment	39	16736	12728
2.1 Equity and Investment Fund Shares	40	10736	8164
2.2 Debt Securities	41	6000	4563
3 Financial Derivatives (other than reserves) and Employee Stock Options	42	216	164
4 Other Investment	43	14078	10706
4.1 Other Equity	44	0	0
4.2 Currency and Deposits	45	5104	3882
4.3 Loans	46	3722	2830
4.4 Insurance, Pension, and Standardized Guarantee Schemes	47	265	201
4.5 Trade Credit and Advances	48	3797	2887
4.6 Others	49	714	543
4.7 Special Drawing Rights	50	476	362

Notes:1. This table employs rounded-off numbers.

2.Net International Investment Position refers to assets minus liabilities.Positive figure refers to netassets, and negative figure refers to netliabilities.

3.The SDR denominated data is converted from the USD denominated data, using the exchange rate of SDR againstUSD at the end of the quarter.

4.The IIP data is revised regularly; please findthe latest data in “Data and Statistics”.

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