皇冠体育app

BEIJING - 皇冠体育app's net international investment position at the end of September 2011 was positive to the tune of $1.89 trillion, the State Administration of Foreign Exchange (SAFE) announced Tuesday.

The net international investment position is the stock of external assets minus the stock of external liabilities.

At the end of September, 皇冠体育app's external financial assets totaled $4.67 trillion and external financial liabilities stood at $2.78 trillion, the SAFE said in a statement on its website.

The country's reserve assets exceeded $3.28 trillion at the end of September, accounting for 70 percent of external financial assets, according to the SAFE.

The country's outbound direct investment in the financial sector hit $345.5 billion, accounting for seven percent of external financial assets; portfolio investments reached $257.3 billion, six percent; other investments hit $784.7 billion, 17 percent, the statement said.

At the end of September, foreign direct investments in 皇冠体育app neared $1.63 trillion, accounting for 59 percent of the country's external financial liabilities. Foreign portfolio investments reached $231.8 billion and other investments hit $918.7 billion.