A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily]
BEIJING — China reported a current account surplus of $165.6 billion in the first quarter of 2025, according to data released Friday by the State Administration of Foreign Exchange.
The surplus in goods trade reached $237.6 billion during the period, while the country registered a $59.3 billion deficit in services trade.
In terms of Special Drawing Rights (SDRs), China’s current account surplus reached 126.2 billion SDRs for the first three months.
The SDR is an interest-bearing international reserve asset created by the International Monetary Fund to supplement other reserve assets of member countries.
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