综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Economy

Markets

Industries

Insights

Reports

Events

Official: China forex reserve investments remain profitable

(Xinhua)
Updated: 2009-04-24 16:50

China said Friday that its investments of foreign exchange reserves remained profitable last year despite the global financial crisis that sent financial assets shrinking in value, dispelling concerns of huge losses with such investments.

Related readings:  China sees surpluses in current, capital accounts in 2008  China's external debt rises slightly in 2008  Official: No need to adjust China's forex structure  China still prefers treasuries: govt advisor

"We managed to get some proceeds from managing the country's foreign exchange reserves last year, while at the same time maintaining the safety and liquidity of the assets," Hu Xiaolian, head of the State Administration of Foreign Exchange (SAFE), told Xinhua in an interview.

China's overseas earnings reached $82.5 billion in 2008, up 8 percent from a year earlier, according to the country's balance of payments statistics released Friday by the SAFE.

Hu said "a considerable proportion" of such earnings were from investments of forex reserves, without revealing specific figures.

"Such earnings from forex reserves investment, though represented a lower rate of profit from previous years, were hard-earned," she said.

Hu said that diversified investments in different assets and assorted holding in various currencies have played a major role in producing the proceedings.

"The value of assets has been kept stable on the whole, as diversified investments in different assets and currencies are highly complementary," she said.