Total Imports and Exports at Customs refer to t he real
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 as sembling trades and mat erials, supp lies and gifts as aid
given gratis between governments and by
the United Nations and
other international organizations, and cont ributions donated by
overseas Chinese, compat riot s in
Hong Kong and Macao and
Chinese with foreign citizenship, leasing commodities owned by
tenant at the expirat ion of leas
ing period, the imported and exported
commodities p roces sed with imported materials, commodities
trading in border areas
(excluding mutual exchange goods),
the imported and exp orted commodities and articles for public
use of t he Sino-foreign
joint ventures, cooperative ent erprises
and ventures exclusively with foreign own investment. Also included
are import or exp
ort of samples and advertising goods for
whose CIF or FOB value are beyond the p ermitt ed ceiling (excluding
goods of no
trading or use value and free commodities for
export), import ed goods sold in China from bonded warehouses
and other
imported or exported goods. The indicator of the total
import s and exports at cus toms can be used to observe the total
size
of external trade in a country. In accordance with the stipulation
of the Chinese government, imp orts are calculated at CIF,
while exports are calculated at FOB
Import Export Value by Location of China s Foreign
Trade Managing Units refers to actual value of imp orts and
exports carried out by corp orations which have been regist ered
by the local cus tomhouse and are vested with right to run
import
export business.
Import Value of Commodi ties by the Pl aces of their
Destination and Export Value of Commodities by the
Places
of their Origin in China The former indicator refers to the
value of import commodit ies of the places of their
consumption,
utilization or the places of their final des tination. The lat ter indicator
refers to the value of export commodit
ies of t he places of
their origin or t he places of the commodities dispatched.
Utilization of Foreign Capitals refers to remittance, equipment
and technology financed from abroad, by loans , foreign
direct investment and other forms undertaken by t he Chinese
governments at all levels, by various departments, ent
erprises
and other economic units.
Forei gn Borrowings refer to funds borrowed from abroad
through formal s igning of borrowing agreements with foreign
institutions,
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
before 1996) is sued abroad. It is an import ant part
of China's
utiliz ation of foreign cap itals.
Foreign Direct Investment refers t o the investments inside
China by foreign enterprises and economic organizations or
individuals (including overseas Chinese, compatriots from Hong
Kong, Macao and Taiwan, and Chines e enterpris es
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 co-operative exploration of resources with
enterprises or economic
organizations in China. It includes the re investment of the
foreign ent repreneurs with the profits
gained from the investment
and t he funds that enterprises borrow from abroad in the
total investment of projects which are
approved by the relevant
department of t he government.
Other Inves tment by Fore ign Entrepreneurs refers to
all forms of utilizat ion of foreign capitals ot her than foreign
borrowings
and foreign direct investment. It includes the total value
of st ock shares in foreign currencies issued by enterpris
es at
domestic or foreign stock exchanges (now mainly consisting of H
shares issued at Hong Kong Security Market and B
shares issued
at domest ic s ecurity market s), rent p ayable for the imported
equipment t hrough int ernational leas ing
arrangement, cost of
import ed equipment, technology and materials p rovided by foreign
counterparts in compensation trade
and processing and assembly
trade.
Contracted Projects wi th Fore ign Countrie s refer to
projects undertaken by Chinese contractors (project contracting
companies) through bidding process. They include: (1) overseas
civil engineering construction projects financed by foreign
investors
; (2) overseas p rojects financed by the Chines e government
through its foreign aid programs; (3) cons truction
projects of
Chinese diplomatic missions, trade offices and other inst itutions
stationed abroad; (4)construction projects in
China financed by
foreign inves tment ; (5) sub-contracted projects t o be taken by
Chinese contractors through a joint
umbrella project with foreign
contractor(s); (6) housing development projects . The business
income from international
contract ed project s is the work volume
of contracted projects completed during the reference period,
expressed in monetary
terms, including completed work on
projects signed in previous years.
Service Cooperation with Foreign Countries refers to
the act ivities of providing technology and labour services to
employers
or contractors in the forms of receiving salaries and wages.Labour services providing by contractual joint vent ures
of Chinese
international contracting corporations should be included in
the statistics of service co-operation with foreign
countries. The
bus iness income of labour service cooperat ion is the income in
the form of wages and salaries, overt ime
pay, bonuses and other
remuneration received from the employ ers during the reference
period.
Overseas Design and Consultation Service refers to
projects with charges for technical services from overseas
operators.
It includes geographic and topographic mapping, geological
resource prospecting and survey, planning of
construction areas,
provision of design documents, blueprints, materials on production
process and techniques, as well as
engineering, technical and
economic consultation, and feasibility st udy, research and evaluation
of projects. Also included
under this category are the abovementioned
services of foreign-financed projects in China that are
paid in foreign currencies.
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