China's foreign exchange reserves added $74.8 billion in the first quarter of 2012, excluding the effects of changes in exchange rates and asset prices, while reserves in the International Monetary Fund (IMF) decreased $400 million, China's foreign exchange regulator said Thursday.

The State Administration of Foreign Exchange (SAFE) trimmed its first-quarter current account surplus to $23.5 billion from the preliminary figure of $24.7 billion.

According to data from the SAFE, the surplus in financial accounts, which measures net capital inflow, reached $56.1 billion in the first quarter.