Last year's external financial net worth of more than 1.5 trillion U.S. dollars

China's foreign claims shrank by about more than 40 billion U.S. dollars in 2008, ZHE, China has maintained net creditor status, but its net claims may have shrunk in 2008, after a global downturn. According to the State administration of foreign exchange ("Foreign Exchange Bureau") yesterday, "The end of 2008 China International Investment Position", the end of 2008 China's external financial assets of 2.9203 trillion U.S. dollars, the growth of 23% from the end of last year, external financial liabilities of 1.4013 trillion U.S. dollars, growth of 17%;　　That is, external financial net assets of 1.519 trillion U.S. dollars, an increase of 31%, means that our country is still a net foreign creditor. The Exchange Bureau also adjusted the international investment position chart for 2006 and 2007 based on the latest data. According to the adjusted data, China's net position in international investment increased by 357.1 billion U.S. dollars in 2008, the same year China's current account surplus of 426.1 billion U.S. dollars.　　Experts said that the deduction of errors and omissions in 2008, China's foreign claims shrank by about more than 40 billion U.S. dollars. The international investment Position statement is a statistical statement reflecting the stock of financial assets and liabilities of a country or region at a particular point in time, which, together with the balance of payments statement reflecting the transaction flow, constitutes the complete international account system of the country or region.　　Li Yang, director of the Financial Institute of the Chinese Academy of Social Sciences, argues that the international investment position statement is a combination of various factors of information, there are certain errors, but can reflect a trend. Uibe, deputy Dean of the School of Finance, said yesterday that the net position increase and current account surplus between the two countries had a big difference last year, which meant that the foreign claims of China had shrunk due to the changes of exchange rate and asset price last year.　　He explained that, in addition to traffic changes, China's external claims are also affected by the stock adjustment, including exchange rate changes, asset price changes. A person in the foreign Exchange Bureau told CBN that last year our foreign claims were shrunk by about $43 billion due to asset price adjustments, exchange rate changes and market capitalisation adjustments.　　Li Yang that, given the limited impact of asset price movements and changes in exchange rates, the shortfall may partly reflect the outflow of funds through "underground" channels. In addition to reflecting the changes in net claims, the 2008 international Investment position Chart also reflects the profound changes in the allocation of overseas investment assets under the impact of financial crisis. The most obvious is the reduction in foreign portfolio investment, which has reduced the annual portfolio investment by 32.7 billion dollars. At the same time, OFDI and other investments were increased, with OFDI increasing by $53.4 billion and other investments increasing by $106.3 billion. Relevant data show that in the crisis situation, enterprises and institutions have chosen "cash for the King." "In the 2008, China's enterprises and financial institutions have made great adjustments to foreign investment, mainly financial institutions, which is of positive significance."　　"Ding said. In external financial assets, foreign direct investment, securities investment, other investment and reserve assets accounted for 6% and 9% of foreign financial assets respectively., 18% and 67%, reserve assets remain the largest part of China's external financial assets, indicating that China's vast external financial assets are still highly concentrated in the official sector.　　In foreign financial liabilities, foreign direct investment, securities investment and other investment accounted for 63%, 11% and 26% of foreign financial liabilities respectively, of which foreign direct investment is still China's largest external financial liability project. In addition, according to the adjusted international investment position, 2006, 2007 and the end of 2008 China's monetary gold stock of 12.3 billion U.S. dollars, 17 billion U.S. dollars and 16.9 billion U.S. dollars, and the adjustment of the first 2006 years and the end of 2007, the gold stock is only 4.3 billion U.S. dollars and 4.6 billion dollars respectively.　　The reason for such a big difference before and after the adjustment was that the main reason was to adjust the book value of the currency gold according to the gold price in the international market, while China's increase in gold was not reflected in the data adjustment. The reporter found that the central bank published statistics, as of March 2009, the Gold Reserve data has been 19.29 million ounces, and April 2009 adjusted to 33.89 million ounces, reflecting since 2003, China gradually through domestic miscellaneous gold purification and domestic market transactions, such as to increase the gold reserves of 454 tons, Up to 1054 tonnes by the end of April 2009, 33.89 million ounces.