China trims Q3 current account surplus data
Updated: 2012-01-11 15:19
(Xinhua)
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BEIJING - China on Wednesday lowered its third-quarter current account surplus to $53.4 billion from the preliminary figure of 457.8 billion.
Both figures shrank from the $69.6 billion registered in the second quarter of 2011.
The State Administration of Foreign Exchange (SAFE) also trimmed its previously announced figure for the first three quarters from $141.2 billion to $145.6 billion.
However, the SAFE doubled the capital and financial account surplus from the previous estimate of $33.9 billion?to $66.2 billion.
The revised capital and financial account surplus narrowed from $67 billion in the second quarter and $86.1 billion in the first three months of last year.
The surpluses under the current as well as capital and financial accounts raised the country's international reserve assets by $91.7 billion in the third quarter, the SAFE said.
The foreign exchange reserves increased $92.1 billion during the July-September period, excluding effects of changes in the exchange rate and asset prices.
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