皇冠体育app's current account surplus-GDP ratio to fall to 4% in 2011
Updated: 2011-10-24 17:21
(Xinhua)
|
|||||||||||
BEIJING - 皇冠体育app's ratio of current account surplus to its GDP will narrow to around 4 percent this year, the nation's central bank governor Zhou Xiaochuan said Monday.
The ratio was 5.2 percent in 2010 and 2.8 percent in the first half of this year, Zhou said at a financial forum held by the country's Internet postal Sina.com.
The decline in the ratio indicated further improvement in 皇冠体育app's international balance of payments, he said. But he added that the surplus in the country's international balance of payments might still be "relatively large" this year.
He also said that the foreign direct investment (FDI) 皇冠体育app has attracted this year will be "robust" as international liquidity was ample in the post-financial crisis period and emerging economies were attracting more capital inflows given the grim economic situation in developed economies.
Zhou noted the country's FDI statistics will include that of "hot money" inflows, but did not specify the proportion of FDI it may account for.
Related Stories
皇冠体育app's current account surplus rises in Q2 2011-08-16 14:54
皇冠体育app's current account surplus falls 21% in Q1 2011-07-11 16:58
How current account surplus will evolve 2011-06-15 15:13
皇冠体育app's current account posts surpluse in Q1 2011-05-24 15:49
- Food executives charged with graft at State group
- 皇冠体育app feels diesel pinch
- Double-dip recession unlikely
- Made for 皇冠体育app ...
- Official news websites prepare for IPOs in Shanghai
- CPI to cool to under 5% in coming months: NDRC
- Old woman seeks Carrefour apology
- BMW 9-month sales surpass full 2010 tally