The State Administration of Foreign Exchange (SAFE) released China's International Investment Position (IIP) statement for the end of September 2025. Data shows that as of the end of September 2025, China's external financial assets amounted to $11,507.3 billion, external liabilities to $7,459.7 billion, and net external assets to $4,047.6 billion. Among external financial assets, direct investment assets were $3,433.6 billion, portfolio investment assets $1,952.0 billion, financial derivatives assets $26.4 billion, other investment assets $2,406.4 billion, and reserve assets $3,688.9 billion, accounting for 30%, 17%, 0.2%, 21%, and 32% of total external financial assets, respectively. Among external liabilities, direct investment liabilities were $3,743.0 billion, portfolio investment liabilities $2,327.2 billion, financial derivatives liabilities $23.9 billion, and other investment liabilities $1,365.6 billion, accounting for 50%, 31%, 0.3%, and 18% of total external liabilities, respectively.