Non-resident yuan deposits reach 1.47 trln yuan

China's non-resident deposits reached 1.47 trillion yuan (238.78 billion U.S. dollars) by the end of June 2014, according to the latest foreign exchange data.

Of the deposits, 532.4 billion yuan came from individuals, the State Administration of Foreign Exchange (SAFE) said in an online statement on Friday.

The SAFE began to publish non-resident deposit figures last year to make foreign exchange statistics more transparent. Such deposits reached 1.36 trillion yuan by the end of 2013.

In a separate statement on Friday, the SAFE said the net influx of overseas investment to China's financial institutions dropped slightly to 1.98 billion yuan in the second quarter, compared with 2.17 billion yuan in the first quarter.

In April-June, Chinese financial institutions posted a net outflow of 1.72 billion yuan in direct oversea investment in US dollar, according to the SAFE.