-
- Index number:
- 000014453-2012-00313
-
- Dispatch date:
- 2012-07-31
-
- Publish organization:
- State Administration of Foreign Exchange
-
- Exchange Reference number:
-
- Name:
- The SAFE Releases the Preliminary Data on China's Balance of Payments Statement for Q2 and H1 of 2012
The SAFE recently released the preliminary data on
In Q2 of 2012, the surplus under the current account totaled USD59.7 billion. Specifically, the surpluses in goods and current transfers reached USD91.3 billion and USD1 billion respectively, whereas the deficits in trade in services and income amounted to USD18.7 billion and USD13.9 billion respectively. Meanwhile,
In H1 of 2012, the surplus under the current account was USD83.2 billion and the deficit under the capital and financial account (including net errors and omissions) was USD20.3 billion whereas international reserves registered a rise of USD62.9 billion.
Balance of Payments1 (Preliminary Data)
Unit: USD100 million
Item 2
|
#
|
Q2 of 2012
|
H1 of 20123
|
I. Current Account
|
1
|
597
|
832
|
A. Goods and Services
|
2
|
726
|
764
|
a. Goods
|
3
|
913
|
1132
|
Credit
|
4
|
5262
|
9574
|
Debit
|
5
|
4349
|
8443
|
b. Services
|
6
|
-187
|
-368
|
Credit
|
7
|
470
|
906
|
Debit
|
8
|
657
|
1274
|
1. Transportation
|
9
|
-114
|
-229
|
Credit
|
10
|
100
|
184
|
Debit
|
11
|
214
|
414
|
2. Travel
|
12
|
-89
|
-185
|
Credit
|
13
|
127
|
240
|
Debit
|
14
|
215
|
425
|
3. Communication Services
|
15
|
1
|
3
|
Credit
|
16
|
4
|
9
|
Debit
|
17
|
3
|
6
|
4. Construction Services
|
18
|
19
|
46
|
Credit
|
19
|
26
|
61
|
Debit
|
20
|
8
|
15
|
5. Insurance Services
|
21
|
-42
|
-84
|
Credit
|
22
|
9
|
17
|
Debit
|
23
|
51
|
100
|
6. Financial Services
|
24
|
-1
|
-1
|
Credit
|
25
|
2
|
5
|
Debit
|
26
|
3
|
6
|
7. Computer and Information Services
|
27
|
26
|
53
|
Credit
|
28
|
35
|
69
|
Debit
|
29
|
9
|
16
|
8. Royalties and Licensing Fees
|
30
|
-45
|
-85
|
Credit
|
31
|
2
|
4
|
Debit
|
32
|
47
|
89
|
9. Consulting Services
|
33
|
31
|
66
|
Credit
|
34
|
79
|
157
|
Debit
|
35
|
48
|
91
|
10. Advertising and Public Opinion Polling
|
36
|
3
|
9
|
Credit
|
37
|
11
|
23
|
Debit
|
38
|
8
|
14
|
11. Audio-visual and Related Services
|
39
|
-1
|
-2
|
Credit
|
40
|
0
|
1
|
Debit
|
41
|
1
|
2
|
12. Other Business Services
|
42
|
25
|
42
|
Credit
|
43
|
72
|
134
|
Debit
|
44
|
48
|
92
|
45
|
0
|
-1
|
|
Credit
|
46
|
2
|
4
|
Debit
|
47
|
2
|
5
|
B. Income
|
48
|
-139
|
33
|
C. Current Transfers
|
49
|
10
|
35
|
II. Capital and Financial Account 4
|
50
|
-714
|
-203
|
Of which, Direct Investments
|
51
|
386
|
875
|
III. Reserves Assets
|
52
|
118
|
-629
|
3.1 Monetary Gold
|
53
|
0
|
0
|
3.2 Special Drawing Rights
|
54
|
1
|
-1
|
3.3 Reserves Position in the Fund
|
55
|
4
|
8
|
3.4 Foreign Exchange
|
56
|
112
|
-636
|
3.5 Other Claims
|
57
|
0
|
0
|
Note:
1. This statement employs rounded-off numbers.
2. “Other items” refer to the differences, except for those marked as "Credit" or "Debit."
3. The preliminary data in this statement for H1 of 2012 are the sum total of the formal data for Q1 of 2012 and the preliminary data for Q2 of 2012.
4. The data under the capital and financial account in this statement are the balance between the current account balance and the amount of change in reserve assets, including net errors and omissions.