This study investigates a freshwater budget in the Yellow and East China Seas (YECS) using a global ocean general circulation model with a regional focus on the YECS. A freshwater budget analysis finds that major freshwater contributors over the YECS change seasonally. In summer, freshwater inflow from Changjiang and positive precipitation minus evaporation (P-E) dominates freshwater outflow across the boundaries around the YECS, resulting in net freshwater gain in the YECS. In winter, evaporation, intensified by strong winds, dominates freshwater inflow from Changjiang and precipitation, while net freshwater transport across the boundaries around the YECS is negligible, causing freshwater loss in total over the YECS. Although P-E has often been assumed to be negligible by supposing that the annual mean of precipitation is nearly equal to that of evaporation, this study suggests that P-E needs to be included in the seasonal freshwater budget in the YECS.