According to the State Administration of Foreign Exchange released in 2009 Track revenue and expenditure report: 2009 China's international balance of payments current account / capital and financial account continued to show the "double surplus", while in 2010 the scale of China's international balance of payments surplus will still be large.
As the financial crisis still exists, the balance of payments trade fair in China last year to understand the overall slowdown in trade in goods / services trade. Direct investment, balance of payments key items the scale of decline compared with last year, but continue to improve the international balance of payments, current account surplus during the same period gdp ratio was 6.1%, 3.5 percentage points lower than last year, was the second consecutive year down trend.
Large balance of payments surplus will mean that the RMB has appreciated? Person said: My Jingji lead recovery, more domestic investment opportunities, labor and other factor prices remain competitive, multinational direct investment inflow to China will be expanded, while domestic interest rates relatively high level of appreciation of the RMB is expected to be enhanced , will increase the size of cross-border capital arbitrage.
SAFE claim: The next step focused on strengthening the supervision of abnormal cross-border capital flows, increase foreign exchange management policy transparency, improve the management of foreign exchange reserves, often to promote the balance of payments stability.