BEIJING, July 4 (Xinhua) -- China's outstanding foreign debts rose by 18.97 billion U.S. dollars in the first quarter to reach 392.59 billion U.S. dollars by the end of March, the State Administration of Foreign Exchange (SAFE) said on its website on Friday.

    SAFE figures showed China incurred medium and long-term foreign debts of 7.75 billion U.S. dollars in the first three months this year, a rise of 15.04 percent over the same period last year.

    Nobody at the SAFE was immediately available for further comment on the figure.

    The outstanding medium and long-term foreign debt reached 155.86 billion U.S. dollars, an increase of 2.33 billion U.S. dollars from the end of last year.

    During the same period, short-term foreign debt stood at 236.73 billion U.S. dollars, up 16.64 billion U.S. dollars from the previous quarter.

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