According to the National Foreign Cash Authority, the Chinese operating surplus reached $ 310. 4 billion in the first nine months of this year 2022, an increase of 56% on an annual basis.
The data showed that the surplus in commodity trade increased 37% on an annual basis, to record a record number of 521. 6 billion dollars, while the deficit in the service trade reduced 23%, and the direct investment witnessed a net flow of 46. 9 billion dollars in this period, according to the newspaper.
Today, on a Sunday, “Trenddetail.”
Wang Chun Ying, Vice -President of the National Authority for Foreign Criticism, said that the Chinese economy maintains its power, huge performance, and long -term proper foundations, while its recovery achieves more stability, which helps to achieve stability in the balance of payments.
According to the National Authority, China’s fixed asset investments, particularly in the transportation sector, continued strong growth in the first nine months of this year and totaled 2. 7 trillion yuan, or nearly 372 billion dollars. a 6.3% annual rise, and a 6.4% annual increase in the amount invested on creating new waterways.
Chinese having surplus of 310.4 billion dollars in 9 months
About Author
