As at the end of June 2026, China’s external financial assets reached USD 12180.4 billion, external financial liabilities reached USD 8355.5 billion, and net external assets totaled USD 3824.9 billion.
In the external financial assets, direct investment assets amounted to USD 3584.9 billion, portfolio investment assets, USD 2157.2 billion, financial derivative assets, USD 51.5 billion, other investment assets, USD 2600.5 billion, and reserves assets, USD 3786.3 billion, accounting for 29 percent, 18 percent, 0.4 percent, 21 percent and 31 percent of external financial assets respectively.
In external liabilities, direct investment liabilities were USD 4170.0 billion, portfolio investment liabilities, USD 2623.2 billion, financial derivative liabilities, USD 21.8 billion and other investment liabilities, USD 1540.4 billion, accounting for 50 percent, 31 percent, 0.3 percent and 18 percent of the external financial liabilities respectively.
In SDR terms, China’s external financial assets and liabilities reached SDR 8981.9 billion and SDR 6161.4 billion respectively, and external net assets totaled SDR 2820.5 billion at the end of June 2026.
In addition, in order to facilitate understanding of the data of Balance of Payments and International Investment Position among all data users, the BOP Analysis Team of the SAFE released China's Balance of Payments Report for the First Half of 2026.(End)
Abridged International Investment Position,
End of June 2026
Item | Line No. | Position in 100 million USD | Position in 100 million SDR |
Net Position | 1 | 38249 | |
Assets | 2 | 121804 | 89819 |
1 Direct Investment | 3 | 35849 | 26436 |
1.1 Equity and Investment Fund Shares | 4 | 30329 | 22365 |
1.2 Debt Instruments | 5 | 5521 | 4071 |
1.a Financial Sectors | 6 | 5131 | 3784 |
1.1.a Equity and Investment Fund Shares | 7 | 4883 | 3601 |
1.2.a Debt Instruments | 8 | 248 | 183 |
1.b Non-financial Sectors | 9 | 30718 | 22652 |
1.1.b Equity and Investment Fund Shares | 10 | 25445 | 18764 |
1.2.b Debt Instruments | 11 | 5273 | 3888 |
2 Portfolio Investment | 12 | 21572 | 15908 |
2.1 Equity and Investment Fund Shares | 13 | 13051 | 9624 |
2.2 Debt Securities | 14 | 8521 | 6284 |
3 Financial Derivatives (other than reserves) and Employee Stock Options | 15 | 515 | 379 |
4 Other Investment | 16 | 26005 | 19176 |
4.1 Other Equity | 17 | 100 | 73 |
4.2 Currency and Deposits | 18 | 6059 | 4468 |
4.3 Loans | 19 | 10152 | 7486 |
4.4 Insurance, Pension, and Standardized Guarantee Schemes | 20 | 367 | 271 |
4.5 Trade Credit and Advances | 21 | 7636 | 5631 |
4.6 Others | 22 | 1690 | 1246 |
5 Reserve Assets | 23 | 37863 | 27921 |
5.1 Monetary Gold | 24 | 3037 | 2240 |
5.2 Special Drawing Rights | 25 | 551 | 407 |
5.3 Reserve Position in the IMF | 26 | 110 | 81 |
5.4 Foreign Currency Reserves | 27 | 34163 | 25192 |
5.5 Other Reserve Assets | 28 | 2 | 2 |
Liabilities | 29 | 83555 | 61614 |
1 Direct Investment | 30 | 41700 | 30750 |
1.1 Equity and Investment Fund Shares | 31 | 38812 | 28621 |
1.2 Debt Instruments | 32 | 2888 | 2130 |
1.a Financial Sectors | 33 | 2371 | 1748 |
1.1.a Equity and Investment Fund Shares | 34 | 2120 | 1563 |
1.2.a Debt Instruments | 35 | 251 | 185 |
1.b Non-financial Sectors | 36 | 39329 | 29002 |
1.1.b Equity and Investment Fund Shares | 37 | 36692 | 27057 |
1.2.b Debt Instruments | 38 | 2637 | 1945 |
2 Portfolio Investment | 39 | 26232 | 19344 |
2.1 Equity and Investment Fund Shares | 40 | 19543 | 14411 |
2.2 Debt Securities | 41 | 6690 | 4933 |
3 Financial Derivatives (other than reserves) and Employee Stock Options | 42 | 218 | 161 |
4 Other Investment | 43 | 15404 | 11359 |
4.1 Other Equity | 44 | 0 | 0 |
4.2 Currency and Deposits | 45 | 5293 | 3903 |
4.3 Loans | 46 | 3467 | 2556 |
4.4 Insurance, Pension, and Standardized Guarantee Schemes | 47 | 332 | 245 |
4.5 Trade Credit and Advances | 48 | 4801 | 3540 |
4.6 Others | 49 | 1021 | 753 |
4.7 Special Drawing Rights | 50 | 491 | 362 |
Notes:1. This table employs rounded-off numbers.
2.Net International Investment Position refers to assets minus liabilities. Positive figure refers to net assets, and negative figure refers to net liabilities.
3.The SDR denominated data is converted from the USD denominated data, using the exchange rate of SDR against USD at the end of the quarter.
4.The IIP data is revised regularly; please find the latest data in “Data and Statistics”.
