Total Imports and Exports refer to the real value of commodities (both trade and non-trade) imported and exported across the border of China. They mainly include actual imports and exports through foreign trade, imported and exported goods in the categories of processing and assembling of customer's materials, compensation trade, and processing of import materials, supplies and gifts as aid given gratis between governments and by international organizations, donations by overseas Chinese, compatriots in Hong Kong, Macao and Taiwan and Chinese with foreign citizenship, leasing commodities owned by tenants at the expiration of leasing period, local trade and Small-amount trade in border areas (excluding exchange trade between border residents), imported and exported commodities and articles for public use of Sino-foreign joint ventures, cooperative enterprises and ventures with sole foreign investment. Also included are import or export of samples and advertising articles above designated CIF or FOB prices (excluding goods of no trading or use value and free commodities for export), import and export goods sold in China from bonded warehouse and other import and export goods. Total imports and exports is an indicator of the total size of actual imported and exported goods of a country in foreign trade and economic cooperation.ª±ª¥
Production and Consumption Countries refer to the country of origin and the country of final destination. The country of origin refers to the country where the imported goods are produced, exploited or processed. The country of final destination refers to the country where the imported goods are consumed, utilized or further processed.ª±
Utilization of Foreign Capital refers to funds financed from abroad by means of loans, foreign direct investment, and issuing bonds and shares undertaken by the Chinese governments at all levels, various departments, enterprises and other economic units.ª±
The types of foreign capital include tangible capital and intangible capital, such as remittance, goods, industrial property rights and know-how.ª±
Those excluded are the purchases of foreign equipment and materials with loans from state-owned foreign exchange and foreign exchange owned by the Bank of China, donations by overseas Chinese, compatriots in Hong Kong and Macao, and funds and projects as aid given gratis by the United Nations and other international organizations.
Utilization of foreign capital takes the forms of loans from abroad, sole investment in enterprises in the boundary of China by foreign (or Hong Kong and Macao) enterprises, economic organizations or individuals, investment in Sino-foreign joint ventures, cooperative projects (enterprises), cooperative exploitation of natural resources with enterprises or organizations in China, compensation trade and international lease, etc.ª±
Compensation Trade is a kind of trade returning loans with commodities or services, i.e. imported equipment, raw materials and production technology provided by foreign entrepreneurs are repaid (returned) by means of the products produced with such equipment, raw materials and production technology or by means of the value of other products negotiated by both sides.ª±ª¥
Foreign Loans refer to long-term capital and short-term capital borrowed from international financial organizations, foreign governments and enterprises by the Chinese governments at all levels, by various departments, enterprises and the Bank of China, etc, and repaid with interest at maturity. Foreign loans can be divided according to channels into: ¢Ùloans from foreign governments; ¢Úloans from international financial organizations; ¢Ûloans from foreign banks; ¢Üexport credit; ¢Ýbonds and shares issued abroad.ª±
Foreign Direct Investment refers to investment inside China by foreign enterprises and economic organizations or individuals (including overseas Chinese, compatriots from Hong Kong and Macao, and Chinese enterprises registered abroad), following the relevant policies and laws of China, for the establishment of foreign sole investment enterprises, Sino-foreign joint ventures and cooperative enterprises or for cooperative exploitation of resources with enterprises or economic organizations in China, and re-investment of foreign entrepreneurs with the profits gained from such enterprises and corporations. Starting from 2002, the foreign direct investment statistic has been adjusted such that the overseas borrowings in total investment of enterprises only include loans to the enterprises by direct investors or, in other terms, loans by foreign shareholders, but exclude loans from the third party guaranteed by the direct investors or, in other terms, loans guaranteed by the foreign shareholders, and overseas borrowings by enterprises in other manners or, in other terms, other overseas borrowings.ª±
International Lease refers to the lease of which tenants rent the equipment purchased by lessors with their own money or loans from banks during a fixed period and repay a sum of leasing expenses to lessors according to contracts. During the leasing period, tenants have the right to use the equipment while lessors maintain possession of the equipment. At the expiration of the leasing period, lessors have the right to dispose the equipment: take it back, sell it at a fixed price, or donate it to an enterprise.ª±ª¥
Middle Exchange Rate refers to the reference rate of banks buying and selling foreign exchanges issued by the People¡¯s Bank of China on a daily basis. There is a 5¡ë floating range for the middle exchange rate in the operation of banks buying and selling foreign exchanges.
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