SAFE Releases China's International Investment Position as at the End of September 2025

Net Position

1

40476

29524

Assets

2

115073

83935

1 Direct Investment

3

34336

25045

1.1 Equity and Investment Fund Shares

4

30303

22103

1.2 Debt Instruments

5

4034

2942

1.a Financial Sectors

6

4745

3461

1.1.a Equity and Investment Fund Shares

7

4494

3278

1.2.a Debt Instruments

8

251

183

1.b Non-financial Sectors

9

29592

21584

1.1.b Equity and Investment Fund Shares

10

25809

18825

1.2.b Debt Instruments

11

3783

2759

2 Portfolio Investment

12

19520

14238

2.1 Equity and Investment Fund Shares

13

12899

9409

2.2 Debt Securities

14

6621

4829

3 Financial Derivatives (other than reserves) and Employee Stock Options

15

264

192

4 Other Investment

16

24064

17552

4.1 Other Equity

17

100

73

4.2 Currency and Deposits

18

5673

4138

4.3 Loans

19

9265

6758

4.4 Insurance, Pension, and Standardized Guarantee Schemes

20

347

253

4.5 Trade Credit and Advances

21

7523

5487

4.6 Others

22

1155

843

5 Reserve Assets

23

36889

26908

5.1 Monetary Gold

24

2833

2066

5.2 Special Drawing Rights

25

561

409

5.3 Reserve Position in the IMF

26

112

82

5.4 Foreign Currency Reserves

27

33387

24353

5.5 Other Reserve Assets

28

-4

-3

Liabilities

29

74597

54412

1 Direct Investment

30

37430

27302

1.1 Equity and Investment Fund Shares

31

34838

25411

1.2 Debt Instruments

32

2592

1890

1.a Financial Sectors

33

2146

1565

1.1.a Equity and Investment Fund Shares

34

1971

1438

1.2.a Debt Instruments

35

174

127

1.b Non-financial Sectors

36

35284

25736

1.1.b Equity and Investment Fund Shares

37

32867

23973

1.2.b Debt Instruments

38

2417

1763

2 Portfolio Investment

39

23272

16975

2.1 Equity and Investment Fund Shares

40

16152

11781

2.2 Debt Securities

41

7121

5194

3 Financial Derivatives (other than reserves) and Employee Stock Options

42

239

174

4 Other Investment

43

13656

9961