ChineseEnglish
    SAFE News
    • Index number:
      000014453-2024-0014
    • Dispatch date:
      2024-02-29
    • Publish organization:
      State Administration of Foreign Exchange
    • Name:
      SAFE Releases Data on International Trade in Goods and Services of China in January 2024
    SAFE Releases Data on International Trade in Goods and Services of China in January 2024

    In January 2024, the export and import of Chinas international trade in goods and services totalled RMB 4234.4 billion, up 23 percent over the same time last year. Of this, the export of goods recorded RMB 2022.4 billion and the import recorded RMB 1609.4 billion, resulting in a surplus of RMB 413.0 billion. The export of services recorded RMB 217.8 billion and the import recorded RMB 384.8 billion, resulting in a deficit of RMB 167.1 billion. In terms of the major items, the export and import of travel, transport, other business services, telecommunications, computer and information services registered RMB 175.4 billion, RMB 167.4 billion, RMB 109.2 billion and RMB 61.7 billion respectively.

    In the US dollar terms, in January 2024, the export and import of China’s international trade in goods and services were USD 315.3 billion and USD 280.6 billion respectively, with a surplus of USD 34.6 billion.(End)


    International Trade in Goods and Services of China

    January 2024

    Item

    In 100 million of RMB

    In 100 million of USD

    Goods and  services

    2459

    346

    Credit

    22402

    3153

    Debit

    -19942

    -2806

    1. Goods

    4130

    581

    Credit

    20224

    2846

    Debit

    -16094

    -2265

    2. Services

    -1671

    -235

    Credit

    2178

    306

    Debit

    -3848

    -542

    2.1Manufacturing services on physical inputs owned  by others

    67

    9

    Credit

    75

    11

    Debit

    -8

    -1

    2.2Maintenance and repair services n.i.e

    29

    4

    Credit

    62

    9

    Debit

    -33

    -5

    2.3Transport

    -559

    -79

    Credit

    557

    78

    Debit

    -1116

    -157

    2.4Travel

    -1530

    -215

    Credit

    112

    16

    Debit

    -1642

    -231

    2.5Construction

    80

    11

    Credit

    132

    19

    Debit

    -53

    -7

    2.6Insurance and pension services

    -59

    -8

    Credit

    32

    5

    Debit

    -92

    -13

    2.7Financial services

    4

    1

    Credit

    24

    3

    Debit

    -19

    -3

    2.8Charges for the use of intellectual  property

    -142

    -20

    Credit

    74

    10

    Debit

    -216

    -30

    2.9Telecommunications, computer and  information services

    125

    18

    Credit

    371

    52

    Debit

    -246

    -35

    2.10Other business services

    343

    48

    Credit

    718

    101

    Debit

    -374

    -53

    2.11Personal, cultural, and recreational  services

    -17

    -2

    Credit

    11

    1

    Debit

    -28

    -4

    2.12Government goods and services n.i.e

    -12

    -2

    Credit

    9

    1

    Debit

    -21

    -3

    Notes:

    1. The international trade in goods and services in this table refers to the transactions between residents and non-residents, based on the same standard as that for BOP statement. The monthly data are preliminary and may be inconsistent with the quarterly data in the BOP statement.

    2. The data on international trade in goods and services are prepared in USD, and the RMB data for the current month is derived by converting the USD data at the monthly average central parity rate of the RMB against the USD.

    3. This table employs rounded-off numbers.

    Definition of Indicators:

    Goods and Services: refers to the trade in goods and services between residents and non-residents, which is based on the same standard as that for the BOP statement.

    1. Goods: refers to transactions in goods whereby the economic ownership is transferred between the Chinese residents and non-residents. The credit side records export of goods, while the debit side records import of goods. The data of goods account are mainly from the customs statistics of imports and exports, but differ from the statistics of the customs mainly in the following aspects: first, the goods in the BOP statement only reflect the goods whose ownership has been transferred (e.g. goods under the trade modes such as general trade and processing trade with imported materials), while the goods whose ownership is not transferred (e.g. manufacturing services with supplied materials or with exported materials) are included in the statistics of trade in services instead of the statistics of trade in goods; second, as required by the BOP statistics, the goods imported and exported are valued on the FOB basis, but as required by the customs, the goods exported are valued on the FOB basis, whereas goods imported are on the CIF basis. Therefore, for the purpose of the BOP statistics, the international transport and insurance premiums are taken out from the value of imported goods and included in the trade in services; and third, the data on net export of goods in merchanting which are not included in the customs statistics are supplemented.

    2. Services: includes manufacturing services on physical inputs owned by others, maintenance and repair services n.i.e, transport, travel, construction, insurance and pension services, financial services, charges for the use of intellectual property, telecommunications, computer and information services, other business services, personal, cultural and recreational services, and government goods and services n.i.e. The credit side records services supplied, while the debit side records services received.

    2.1 Manufacturing services on physical owned by others: processor only provides processing, assembly, packaging and other services and charges service fee from the owner, while the ownership of the goods is not transferred between the owner and the processor. The credit side records the manufacturing services supplied by the Chinese residents on physical inputs owned by non-residents, and vice versa for debit side.

    2.2 Maintenance and repair services: refer to the maintenance and repair services supplied by residents to non-residents or vice versa on goods and equipment (such as vessel, aircraft, and other transportation facility) owned by the receiving party. The credit side records the maintenance and repair services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.3 Transport: refers to the process of transporting people and goods from one place to another, and the relevant supporting and auxiliary services, as well as postal and delivery services. The credit side records the international transport, postal and delivery services supplied by residents to non-residents, and vice versa for debit side.

    2.4 Travel: refers to goods consumed and services purchased by travelers in various economies as non-residents. The credit side records the goods and services provided by the Chinese residents to non-residents who have stayed in China for less than one year, as well as non-residents studying abroad and seeking medical treatment for indefinite period of stay. The debit side records the goods and services purchased by the Chinese residents when traveling, studying or seeking medical services abroad from non-residents.

    2.5 Construction services: refer to the establishment, renovation, maintenance or expansion of fixed assets in the form of buildings, land improvement, roads, bridges and dams and other engineering buildings of engineering nature, relevant installation, assembly, painting, pipeline construction, demolition and project management,as well as site preparation, measurement and blasting and other special services. The credit side records the construction services provided by the Chinese residents outside the economic territory. The debit side records the construction services received by the Chinese residents in the Chinese economic territory from non-residents.

    2.6 Insurance and pension services: refers to various insurance services and commission to agents related with insurance transaction. The credit side records the life insurance and annuity, non-lifeinsurance, reinsurance, standardized guarantee services and relevant supporting services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.7 Financial services: refer to financial intermediation and supporting services, excluding those covered by insurance and pension services. The credit side records the financial intermediation and supporting services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.8 Charges for the use of intellectual property: refer to licensed use of intangible, non-productive/non-financial assets and exclusive rights between residents and non-residents and the licensed use of existing original works or prototypes. The credit side records the intellectual property-related services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.9 Telecommunications, computer and information services: refer tocommunications services between residents and non-residents and transactions of services related to computer data and news, excluding commercial services delivered via telephone, computer and Internet. The credit side records the telecommunications, computer and information services supplied by residents to non-residents, and vice versa for debit side.

    2.10 Other business services: refer to other types of services between residents and non-residents, including research and development services, professional and management consulting services, technical and trade-related services. The credit side records the other business services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.11 Personal, cultural and recreational services: refer to transactions of personal, cultural and recreational services between residents and non-residents, including audiovisual and related services (films, radio, television programs and music recordings) and other personal, cultural and recreational services (health, education, etc.). The credit side records the related services supplied by the Chinese residents to non-residents, and vice versa for debit side.

    2.12 Government goods and services n.i.e: refer to various goods and services provided and purchased by governments and international organizations not included in other categories of goods and services. The credit side records the goods and services not included elsewhere and supplied by the Chinese residents to non-residents, and vice versa for debit side.





    The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

    Contact Us | For Home | Join Collection

    State Administration of Foreign Exchange

    主站蜘蛛池模板: 国产激情视频在线播放| 成年人在线免费| 人人澡人人妻人人爽人人蜜桃麻豆| 黑巨人与欧美精品一区| 好爽好紧好大的免费视频国产| 久久精品国产亚洲av高清漫画| 波多野结衣办公室jian情| 国产aaa毛片| 免费黄色福利视频| 在线观看精品国产福利片尤物 | 精品中文字幕一区二区三区四区| 国产成人综合亚洲一区| 97av免费视频| 性欧美成人免费观看视| 久久精品九九热无码免贵| 欧美成人三级一区二区在线观看| 免费精品无码AV片在线观看| 蜜桃视频一区二区三区 | 久久综合第一页| 欧美黄色第一页| 午夜福利无码不卡在线观看| 久久99精品一区二区三区| 欧美日韩一区二区三区麻豆| 免费被黄网站在观看| 里番库全彩本子彩色h琉璃| 国产精品久久久尹人香蕉| AV无码久久久久久不卡网站| 成人毛片无码一区二区三区| 久久精品久久久| 欧美在线视频导航| 国产伦精品一区二区三区在线观看 | 成人午夜精品视频在线观看| 久久精品国产精品亚洲毛片| 欧美性大战久久久久久| 亚洲色国产欧美日韩| 精品久久久久久亚洲综合网| 国产av夜夜欢一区二区三区| 高清国产激情视频在线观看| 国产激情一区二区三区| 2022年亚洲午夜一区二区福利| 外卖员被男顾客gay|