AI Data Insight
China's current account surplus for goods and services reached 1,308.3 billion RMB in the first quarter of 2026. Although it fell from the previous quarter due to the seasonal slow period, it still outperformed the same period last year. The robust surplus in goods trade continues to offset the services trade deficit, reflecting that amid sluggish domestic demand, the accelerated export of production capacity to overseas markets has become the mainstay of the economy.