China recorded a $39.3 billion surplus in its capital and financial account in the first quarter, indicating eased capital outflows pressure, the nation's top currency regulator said on Thursday. Surplus of financial account helped offset the pressure on China's balance of payments in the first quarter, according to the State Administration of Foreign Exchange. In the first quarter of this year, the financial account surplus was $ 36.8 billion, compared with $ 126.3 billion deficits during the same period last year. The current account registered a surplus of $18.4 billion in the first quarter, the administration said. The forex regulator attributed the change to more rational outbound investment and increase in the flows of foreign investment.