Beijing: China's net international investment position at the end of March was USD 1.79 trillion, said authorities.
The net international investment position measures the difference between a country's external assets and liabilities, reported Xinhua.
At the end of March, China's external financial assets totaled USD 4.89 trillion, while its external financial liabilities stood at USD 3.1 trillion, the State Administration of Foreign Exchange (SAFE) said Friday in a statement.
The country's reserve assets exceeded USD 3.38 trillion at the end of March, accounting for 69 percent of its external financial assets.
The country's outbound direct investment in the financial sector hit USD 379 billion, accounting for 8 percent of external financial assets; portfolio investments reached USD 270.3 billion, while other investments hit USD 859.5 billion, the statement said.
At the end of March, foreign direct investment in China exceeded USD 1.85 trillion, accounting for 60 percent of the country's external financial liabilities. Foreign portfolio investments reached USD 289.2 billion and other investments hit USD 959.2 billion.
IANS
First Published: Saturday, July 14, 2012, 13:34