(Yicai Global) Nov. 7 -- China saw a current account surplus in the third quarter as the country's economy recovered amid effective control of the COVID-19 epidemic.

The current account surplus reached USD 94.2 billion in Q3, data from the State Administration of Foreign Exchange shows.

Trade in goods posted a surplus of USD 155.4 billion, while trade in services saw a deficit of USD 40.4 billion.

In the first three quarters of this year, the country saw a current account surplus of USD 170.7 billion, accounting for 1.7% of the country's GDP, said Wang Chunying, deputy director and spokesperson of SAFE.

Due to the sustained and stable recovery of the domestic economy and the two-way opening-up of the financial market, cross-border capital flows have become more active, Wang said.

Wang expected international payments to remain generally stable and basically balanced.

Editor: Chen Juan