China’s current account surplus reached 208.9 billion US dollars in the first nine months of this year, the National Foreign Exchange Commission reported.
The data released by the authority have shown that out of the total, the surplus, in the framework of commodity trade, amounted to 454.2 billion dollars, while the deficit, in the framework of services trade, amounted to 168.2 billion dollars.
Wang Chunying, a spokeswoman for the commission, said the current account surplus-to-GDP ratio stood at 1.6 percent during the period, and remained within a reasonable range.
Despite the complex external environment, the Chinese economy has maintained the recovery trend and growth momentum, which will continue to support the basic balance of payments balance, Wang said.
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