China’s current account surplus in the second quarter of 2026 totaled $195.1 billion (1.33 trillion yuan), according to preliminary data from the State Administration of Foreign Exchange (SAFE).
This is a record high for this period. In April–June of last year, the surplus stood at $128.7 billion.
The goods trade surplus rose by 27.3% to $278.9 billion, while the services trade deficit increased by 11.3% to $52.4 billion. The primary income deficit decreased by 20.7% to $37.6 billion, while the secondary income surplus rose by 53.7% to $6.3 billion.
In the first half of the year, China’s current account surplus totaled 2.62 trillion yuan.
