3-31 BALANCE OF PAYMENTS (1998)

Unit:USD 10 000

 

 

 

Item

Balance

Credit

Debit

Current Account

2932351

21783386

18851035

Good

4661352

18352915

13691563

Exports

18352915

18352915

0

Imports

-13691563

0

13691563

Service

-492474

2405993

2898467

Transportation

-661026

246442

907468

Tourism

339630

1260174

920544

Communication Service

61143

81891

20748

Construction Service

-52561

59412

111973

Insurance Service

-137371

38441

175812

Financial Service

-13647

2696

16343

Computer and Information Service

-19946

13350

33296

Fee for Patent or Royalty

-35697

6269

41966

Consultation

-24017

51797

75814

Advertisement and Publicity

-5405

21096

26500

Movies and Audio-video Products

-2366

1536

3903

Other Commercial Service

77644

621228

543584

Government Service not Elsewhere Classified

-18855

1661

20517

Income and Profit

-1664371

558414

2222785

Compensation of Staff and Workers

-10740

9653

20392

Profit from Investment

-1653631

548761

2202392

Current Transfer

427845

466065

38220

Governments

9066

18298

9232

Other Departments

418778

447767

28988

Capital and Finance Account

-632144

8932679

9564823

Capital Account

-4683

0

4683

Financial Account

-627461

8932679

9560140

Direct Investments

4111808

4564499

452692

Chinese Direct Investments Abroad

-263381

18224

281605

Foreign Direct Investments in China

4375189

4546275

171086

Securities

-373264

189925

563189

Assets

-383001

3505

386506

Capital Securities

9737

186420

176683

Debt Securities

-4366004

4178255

8544259

Liabilities

-3504078

763076

4267155

Capital Securities

-2209184

0

2209184

Debt Securities

-141135

25250

166385

Other Investments

63849

162605

98756

Assets

-1217609

575221

1792830

Trade Credit

-861926

3415179

4277105

Loans

0

0

0

Currencies and Deposits

-326718

2545046

2871764

Other Assets

-528764

17588

546352

Liabilities

-6444

852545

858988

Trade Credit

-1657607

0

0

Loans

-642600

0

642600

Currencies and Deposits

0

0

0

Other Liabilities

-7400

0

7400

Net Error and Omission

-128300

0

128300

Reserve Assets

 

 

 

Gold Reserves

-506900

0

506900

Foreign Exchange

0

0

0

SDR (Special Drawing Rights)

 

 

 

China's Reserve in IMF (International Monetary Fund)

 

 

 

 

 

 

 

a)Trade data in the table are from customs statistics.

 

 

 

b)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 Foreign Trade and Economic Cooperation, and debit data

 

 

 

are from indirect reporting.

 

 

 

c)Other data in the table are from indirect reporting.