Balance of Payments (2005)



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Balance of Payments (2005)

World's attentions are going to China as her favorable trade surplus is increasing on a year by year basis. The following table shows various aspects of China's balance of payment in the year 2005, which can give reader a down-to-earth view of what the situation like.

Notes:

Trade data in the table are from customs statistics.
Credit data on direct investment in the table are from statistics and from "Approved Leasing of Land" in indirect reporting, both collected by the Ministry of Commerce, and debit data are from indirect reporting.
Other data in the table are from indirect reporting.

(USD 10,000)

Type of Transaction	Balance	Credit	Debit
Type of Transaction	Balance	Credit	Debit
1 Current Account	16081831	90358179	74276348
1.1 Goods and Services	12479770	83688783	71209013
1.1.1 Goods	13418910	76248373	62829464
1.1.2 Services	-939139	7440410	8379549
1.1.2.1 Transportation	-1302102	1542652	2844755
1.1.2.2 Travel	753693	2929600	2175907
1.1.2.3 Communication Service	-11817	48523	60340
1.1.2.4 Construction Service	97357	259295	161938
1.1.2.5 Insurance Service	-665014	54942	719956
1.1.2.6 Financial Service	-1424	14523	15948
1.1.2.7 Computer and Information Service	21768	184018	162251
1.1.2.8 Fees for Patent or Royalty	-516385	15740	532125
1.1.2.9 Consultation	-86141	532213	618354
1.1.2.10 Advertisement and Publicity	36052	107573	71521
1.1.2.11 Movies and Audio-video Products	-2010	13386	15395
1.1.2.12 Other Commercial Service	749703	1688478	938775
1.1.2.13 Government Service not Elsewhere Classified	-12818	49466	62284
1.2 Income and Profit	1063514	3895910	2832396
1.2.1 Compensation of Staff and Workers	151965	333706	181741
1.2.2 Profit from Investment	911549	3562204	2650655
1.3. Current Transfers	2538547	2773486	234939
1.3.1 Governments	-17623	4885	22508
1.3.2 Other Departments	2556170	2768601	212431
2. Capital and Finance Account	6296392	41895620	35599228
2.1 Capital Account	410179	415515	5336
2.2 Financial Account	5886212	41480105	35593893
2.2.1 Direct Investments	6782104	8607126	1825022
2.2.2 Chinese Direct Investments Abroad	-1130569	56486	1187055
2.2.3 Foreign Direct Investments in China	7912673	8550641	637967
2.3 Securities	-493284	2199744	2693027
2.3.1 Assets	-2615689	7445	2623134
2.3.2 Capital Stock
2.3.3 Liability Stock	-2615689	7445	2623134
2.3.4 (Metaphase) Long-term Bonds	-2548219	7445	2555664
2.3.5 Money Market Tools	-67470		67470
2.4 Liabilities	2122405	2192298	69893
2.5 Capital Stock	2034600	2034600
2.6 Liability Stock	87805	157698	69893
2.8 (Metaphase) Long-term Bonds	56732	126332	69601
2.9 Money Market Tools	31073	31366	293
2.9.1 Other Investments	-402608	30673235	31075843
2.9.2 Assets	-4894736	1037124	5931860
2.9.3 Trade Credits	-2290528		2290528
2.9.4 Long Term	-91621		91621
2.9.5 Short Term	-2198907		2198907
2.9.6 Loans	-1299313	83356	1382669
2.9.7 Long Term	-150500		150500
2.9.8 Short Term	-1148813	83356	1232169
2.9.9 Currencies and Deposits	-1031734	392166	1423900
2.9.10 Other Assets	-273160	561602	834762
2.9.11 Long Term
2.9.12 Short Term	-273160	561602	834762
2.9.13 Liabilities	4492127	29636111	25143984
2.9.14 Trade Credit	2541152	2541152
2.9.15 Long Term	116893	116893
2.9.16 Short Term	2424259	2424259
2.9.17 Loans	292403	22801334	22508931
2.9.18 Long Term	144438	1634177	1489739
2.9.19 Short Term	147965	21167157	21019192
2.9.20 Currencies and Deposits	1336554	3830371	2493817
2.9.21 Other Liabilities	322017	463253	141236
2.9.22 Long Term	46145	59606	13461
2.9.23 Short Term	275872	403647	127775
3. Reserve Assets	-20701600	192900	20894500
3.1 Gold Reserves
3.2 SDR (Special Drawing Rights)	-500		500
3.4 China's Position in IMF	192900	192900
3.5 Foreign Currencies	-20894000		20894000
3.6 Other Creditor's rights
4. Net Error and Omission	-1676623		1676623