Explanatory Notes on Major Statistical Indicators

 

Total Imports and Exportsrefer to the value of commodities imported into and exported from the boundary of China. They include the actual imports and exports through foreign trade, imported and exported goods under the processing and assembling trades and materials, supplies and gifts as aid given gratis between government and by the United Nations and other international organizations, and contributions denoted 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, the imported and exported commodities processed with imported materials, commodities trading, imported and exported small value trading goods in border areas (excluding mutual change goods), the imported and exported commodities and articles for public use of the Sino-foreign joint ventures, Sino-foreign cooperative enterprises and ventures exclusively with foreign own investment. They also included import and export of samples and advertising goods for those CIF or FOB value are beyond the permitted ceiling (excluding goods of no trading or no use value and free commodities for export), imported goods sold in China from bonded warehouse and other imported and exported goods. The indicator of total imports and exports at customs can be used to observe the total size of external trade in a country. In accordance with the stipulation of the Chinese government, imports are calculated at CIF, while exports are calculated at FOB.

FOB refer to Free on Board.

CIF refer to Cost Insurance and Freight.

Utilization of Foreign Capital refers to remittance, equipment and technology financed from abroad, by loans, foreign direct investment and other forms undertaken by the Chinese governments at all levels, by various departments, enterprises and other economic units.

Foreign Loansa major part of Chinas utilization of foreign capital, refer to funds borrowed from abroad, including loans of foreign governments, loans of international financial institutions, commercial loans of foreign banks, export credit, and funds raised by Chinese bonds and shares issued abroad.

Direct Investment by Foreign Entrepreneursrefers to the investments 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 ventures exclusively with foreign own investment, Sino-foreign joint ventures and cooperative enterprises or for cooperative exploration of resources with enterprises or economic organizations in China. It includes the re-investment of the foreign entrepreneurs with the profits gained from the investment and the funds that enterprises borrow from abroad in the total investment of projects which are approved by the relevant department of the government.

Other Overseas Investments refer to all kinds of investments except the foreign loan and the FDI. They include: the total value( in foreign currency) of the stocks of one enterprises distributed publicly both at home and abroad( now mainly refer to H.shares at HK bond market, and B.shares at China mainland bond market); the rent charges of the foreign equipments; the total value of Technology, raw material and foreign equipment provided by foreign investors in supplemental trades, and value of foreign raw material, equipment in the trade of assemble machining.

tourists number is a sum of overseas tourists, local residents going abroad and domestic tourists.

overseas tourists number. Which refers to the number of foreigners and residents from Hongkong, Macao and Taiwan who come to China to go sightseeing, travel, visit relatives and friends, spend holidays, inspect, attend conferences and to do activities in economics, science, education, religious etc. Personnel as below are not taken into calculation, office workers in Chinese standing bodies at abroad, such as in embassies, news agencies, oversea offices of companies. Foreign experts and students living in China and foreigners who enter China only for voyage transferring are also not calculated.

number of local residents going abroad. Which refers to the number of mainland China residents who go abroad either for official business or for private affairs. Number of Chinese workers who serve in the international transportation vehicles are included in those who exit for official business, but not in those for private affairs.

domestic tourists.  Which refers to the number of people who leave their living places to stay in the tourism facilities for at least one night but no more than 6 months, including mainland China residents, foreigners, residents from HK, Macao and TW who lived in China for more than one year.

Foreign Exchange Earnings from International Tourismrefer to the total expenditures of the foreigners, overseas Chinese, compatriots from  HongKong, Macao and Taiwan in the process of their tourism in the mainland of China. Their expenditures mentioned above are foreign exchange earnings to China.