China's central bank announced Thursday the country turned in "double surpluses" -- in both current and capital accounts -- in 2004.

Preliminary figures show that surpluses from current accounts --which track trade, income from investments and overseas workers, as well as one-way transfers such as foreign aid -- reached roughly 70 billion US dollars last year, the People's Bank of China, the country's central bank, said in a report.

Capital and financial account surpluses reached about 112 billion dollars.

The report said a total of 60.6 billion US dollars in foreign direct investment flowed into China last year, up 13.3 percent year on year.