At a Sept. 10 State Council briefing, State Administration of Foreign Exchange
deputy director and spokesperson Li Bin said cross‑border investment and
financing in China is likely to remain active during the 15th Five‑Year Plan,
with external assets and liabilities expected to expand and their composition to
further improve. He noted global current‑account surpluses and deficits are
mirror images; recent years have seen expanding, highly concentrated surpluses,
but country distribution adjusts with changes in global industrial division of
labor and is expected to diversify. Li added that China’s current‑account
surplus funds are being deployed abroad through real‑economy and financial
investments, supporting a more balanced domestic investment profile and the
development of partner countries’ industry and financial markets.
