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Business / Markets

Non-resident yuan deposits reach 1.36 trl yuan

(Xinhua) Updated: 2014-02-19 20:37

BEIJING - China's non-resident yuan deposits reached 1.36 trillion yuan ($222 billion) by the end of 2013, according to on Wednesday's foreign exchange data.

Of the deposits, 501.6 billion yuan came from individuals.

The State Administration of Foreign Exchange (SAFE) began to publish non-resident deposit figures last year to make foreign exchange statistics more transparent.

SAFE also said that net inflows of overseas investment to financial institutions stood at 11.5 billion yuan in the fourth quarter of 2013, while net outflows of were 15.8 billion yuan.

For the entire year of 2013, China's financial institutions absorbed 26.5 billion yuan of net foreign direct investment, with 71.6 billion yuan flowing out.

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