External financial assets of China's banking sector hit 1.57 trln USD

BEIJING, June 29 (Xinhua) -- External financial assets of China's banking sector reached 1.57 trillion U.S. dollars at the end of March, official data showed on Thursday.

The banking sector's external financial liabilities stood at 1.41 trillion dollars at the end of March, resulting in 153.9 billion dollars of net external assets, according to the State Administration of Foreign Exchange.

In the external financial assets, deposit and loan assets reached about 1 trillion dollars, accounting for 64 percent of the total, and bond assets stood at 354.4 billion dollars, accounting for 23 percent of the total.

In the external liabilities, deposit and loan liabilities were 823.1 billion dollars or 58 percent of the total, while equity and other liabilities were 366.3 billion dollars or 26 percent of the total.