China Q1 Cross-border Investment Active: Official

China's cross-border investment and financing are relatively active in both ways and the international balance of payments will continue to maintain a basically balanced pattern, the China Securities Journal said citing Wang Chunying, deputy director of the State Administration of Foreign Exchange. China's investment in overseas securities totaled USD71.7 billion in Q1 while foreign investment in Chinese securities was USD75.2 billion, reflecting that the opening of China's capital market better met the asset allocation needs of both domestic and foreign investors, Wang was cited as saying. Direct investment remained a net inflow of USD75.7 billion, and the current account surplus was 1.8% of GDP, staying in a reasonable range, the newspaper cited Wang as saying.