Recently, the State Administration of Foreign Exchange (SAFE) releases data on China's external portfolio investment assets by country/region and by sector of resident holder at the end of 2023.

The statistics show that China's external portfolio investment assets (excluding reserve assets) amounted to USD 1098.4 billion by the end of 2023, including USD 622.6 billion in equity investments and USD 475.8 billion in bond investments. The top 5 recipients of Chinese investments were Hong Kong SAR, the United States, Cayman Islands, the British Virgin Islands and the United Kingdom, with the amounts being USD 418.7 billion, USD 256.7 billion, USD 95.9 billion, USD 76.3 billion and USD 35.8 billion respectively.

By the end of 2023, other financial corporations (non-bank financial institutions), bank and non-financial sector were the main sectors holding external portfolio investment assets, with the amounts being USD 620.8 billion, USD 353.2 billion and USD 124.3 billion respectively, accounting for 57 percent, 32 percent and 11 percent of China’s total external portfolio investment assets. (End)