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二、我国外汇储备增长的主要原因一国的外汇储备通常有两个来源:一是经常项目的顺差,即出口大于进口的部分;二是资本与金融项目的顺差,即资本流入大于资本流出的部分。至2004年9月末,中国外汇储备余额迭5145.38亿美元,比年初增加1112亿美元,其中贸易顺差仅为39.30亿美元,资本和金融项目的顺差是外汇储备增长的主要原因,
II. Main reasons for the growth of China’s foreign exchange reserves The foreign exchange reserves of a country usually come from two sources: one is the surplus of current account, that is, the part where exports are greater than the import; the second is the surplus of capital and financial projects, that is, the capital inflow is greater than the outflow of capital. section. As of the end of September 2004, the balance of China’s foreign exchange reserves totaled US$514.538 billion, an increase of US$111.2 billion from the beginning of the year, of which the trade surplus was only US$3.93 billion. The surplus of capital and financial projects was the main reason for the growth of foreign exchange reserves.