China's 2010 Current Account Surplus Rises 25%

Feb, 1 BEIJING (Xinhua) -- China's current account surplus jumped 25 percent from one year earlier to $306.2 billion last year, China's foreign exchange regulator said Monday.

The country's capital and financial account surplus hit $165.6 billion last year, compared with $109.1 billion in 2009, the State Administration of Foreign Exchange said in a statement on its website.

In the fourth quarter of 2010, China's current account surplus rose 13 percent year on year to $102.2 billion, almost unchanged from the third quarter's $102.3 billion surplus.

Further, China's capital and financial account surplus amounted to $83.5 billion in the fourth quarter.