Explanatory Notes on Main Statistical Indicators

Total Imports and Exports at Customs refer to the value of commodities imported into and exported from the boundary of ChinaThey include the actual imports and exports through foreign tradeimported and exported goods under the processing and assembling trades and materialssupplies and gifts as aid given gratis between governments and by the United Nations and other international organizationsand contributions donated by overseas Chinesecompatriots in Hong Kong and Macao and Chinese with foreign citizenshipleasing commodities owned by tenant at the expiration of leasing periodthe imported and exported commodities processed with imported materialscommodities trading in border areasexcluding mutual exchange goods),the imported and exported commodities and articles for public use of the Sino-foreign joint ventures, cooperative enterprises and ventures exclusively with foreign own investmentAlso included are import or export of samples and advertising goods for whose CIF or FOB value are beyond the permitted ceilingexcluding goods of no trading or use value and free commodities for export),imported goods sold in China from bonded warehouses and other imported or exported goodsThe indicator of the total imports and exports at customs can be used to observe the total size of external trade in a countryIn accordance with the stipulation of the Chinese governmentimports are calculated at CIFwhile exports are calculated at FOB.

Import-Export Value by Location of China's Foreign Trade Managing Units refers to actual value of imports and exports carried out by corporations which have been registered by the local customhouse and are vested with right to run import export business

Import Value of Commodities by the Places 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 commodities of the places of their consumption, utilization or the places of their final destinationThe latter indicator refers to the value of export commodities of the places of their origin or the places of the commodities dispatched.

Utilization of Foreign Capital refers to remittanceequipment and technology financed from abroadby loansforeign direct investment and other forms undertaken by the Chinese governments at all levelsby various departmentsenterprises and other economic units

Foreign Borrowings a major part of China's utilization of foreign capitalit refer to funds borrowed from abroad through formal signing of borrowing agreements with foreign institutions, including loans of foreign governmentsloans of international financial institutionscommercial loans of foreign banks, export credit, and funds raised by Chinese bonds (and shares before 1996) issued abroad.

Direct Investment by Foreign Entrepreneurs refers to the investments inside China by foreign enterprises and economic organizations or individualsincluding overseas Chinesecompatriots from Hong Kong and Macaoand Chinese enterprises registered abroad),following the relevant policies and laws of Chinafor 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 reinvestment 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.

Contracted Projects with Foreign Countries refer to projects undertaken by Chinese contractorsproject contracting companiesthrough bidding processThey include:(1overseas civil engineering construction projects financed by foreign investors;(2overseas projects financed by the Chinese government through its foreign aid programs;(3construction projects of Chinese diplomatic missionstrade offices and other institutions stationed abroad;(4construction projects in China financed by foreign investment;(5sub-contracted projects to be taken by Chinese contractors through a joint umbrella project with foreign contractor(s);(7housing development projectsThe business income from international contracted projects is the work volume of contracted projects completed during the reference periodexpressed in monetary termsincluding completed work on projects signed in previous years

Service Cooperation with Foreign Countries refers to the activities of providing technology and labour services to employers or contractors in the forms of receiving salaries and wagesLabour services providing by contractual joint ventures of Chinese international contracting corporations should be included in the statistics of service cooperation with foreign countriesThe business income of labour service cooperation is the income in the form of wages and salaries, overtime pay, bonuses and other remuneration received from the employers 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 study, research and evaluation of projects. Also included under this category are the above-mentioned services of foreign-financed projects in China that are paid in foreign currencies.