China's Current Account Surplus Reaches 1.3243 Trillion Yuan in Q2 2026
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On September 29, the State Administration of Foreign Exchange (SAFE) released China's balance of payments for the second quarter and first half of 2026. In Q2 2026, China recorded a current account surplus of 1,324.3 billion yuan. This was driven by a goods trade surplus of 1,906.1 billion yuan, partially offset by a services trade deficit of 378.9 billion yuan, a primary income deficit of 245.6 billion yuan, and a secondary income surplus of 42.8 billion yuan. The capital and financial account recorded a deficit of 1,075.0 billion yuan in Q2. For the first half of 2026, the current account surplus totaled 2,607.9 billion yuan, while the capital and financial account deficit reached 2,385.2 billion yuan. The data reflects China's continued strong export performance and structural imbalances in services and investment income.
Source report
September 29 — The State Administration of Foreign Exchange (SAFE) has released China's Balance of Payments for the second quarter and the first half of 2026.
Q2 2026 Highlights
In the second quarter of 2026, China recorded a current account surplus of 1,324.3 billion yuan, comprising:
- Goods trade surplus: 1,906.1 billion yuan
- Services trade deficit: 378.9 billion yuan
- Primary income deficit: 245.6 billion yuan
- Secondary income surplus: 42.8 billion yuan
The capital and financial account recorded a deficit of 1,075.0 billion yuan.
First Half of 2026 Overview
For the first half of 2026:
- Current account surplus: 2,607.9 billion yuan
- Capital and financial account deficit: 2,385.2 billion yuan
Source
domesticEastern
Part of this Story
China’s current account surplus hits $378 billion in first half of 2026