China: Balance of Payments (USD, Annual) - Secondary Income Balance

Macro

2025-04-09

Description

China's Secondary Income Balance (Secondary Income Balance) is published by China's State Administration of Foreign Exchange (SAFE) and is used to measure China's international balance of payments in terms of secondary income, including remittances, gifts and remittances from foreign countries. Non-consideration transactions such as aid. A positive secondary income balance indicates net inflows, which typically represent increases in remittances and other funds China receives from abroad, while a negative secondary income balance indicates net outflows, which may reflect increased grants or aid payments to foreign countries.

Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

China's secondary income balance in 2025 reached USD 81.089 billion, surging more than four times compared to USD 14.99 billion in 2024 and hitting a record high. Although there is a discrepancy between this figure and the official preliminary estimate of an annual secondary income surplus of approximately USD 21.8 billion, the trend of massive net capital inflows remains unchanged. The market is expected to closely monitor the official revised report to clarify the specific driving forces of the capital inflows and their potential subsequent impacts.

AI Data Insight

China's secondary income balance in 2025 reached USD 81.089 billion, surging more than four times compared to USD 14.99 billion in 2024 and hitting a record high. Although there is a discrepancy between this figure and the official preliminary estimate of an annual secondary income surplus of approximately USD 21.8 billion, the trend of massive net capital inflows remains unchanged. The market is expected to closely monitor the official revised report to clarify the specific driving forces of the capital inflows and their potential subsequent impacts.

Description

China's Secondary Income Balance (Secondary Income Balance) is published by China's State Administration of Foreign Exchange (SAFE) and is used to measure China's international balance of payments in terms of secondary income, including remittances, gifts and remittances from foreign countries. Non-consideration transactions such as aid. A positive secondary income balance indicates net inflows, which typically represent increases in remittances and other funds China receives from abroad, while a negative secondary income balance indicates net outflows, which may reflect increased grants or aid payments to foreign countries.

Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Yearly
Next Update