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The branches and foreign exchange administrative departments of the State Administration of Foreign Exchange (SAFE) of all provinces, autonomous regions, and municipalities directly under the Central Government; the branches of the SAFE in Shenzhen, Dalian, Qingdao, Xiamen, and Ningbo; national Chinese-funded banks; and China UnionPay Co., Ltd.; To intensify regulation against money laundering, terrorist financing and tax evasion during cross-border use of bank cards, the State Administration of Foreign Exchange (SAFE) would hereby clarify relevant issues on large-sum overseas cash withdrawals, in accordance with the Regulations of the People's Republic of China on Foreign Exchange Administration (Regulations): I. In overseas cash withdrawals by individuals with domestic bank cards, the sum of withdrawals using the bank cards under the name of the individual (including supplementary cards) shall not exceed the equivalent of RMB 100,000 in every civil year. In case of overseas cash withdrawals in excess of the annual quota, the individuals will not be allowed to withdraw cash overseas with the domestic bank cards in the current and second years. Individuals are prohibited from borrowing others' bank cards or lending their bank cards to evade or help evade the management of overseas cash withdrawals. II. The SAFE will send on a daily basis the list of individuals suspended from withdrawing cash overseas with domestic bank cards, from the foreign exchange administration system for overseas transactions with bank cards, to the financial institutions that issue the bank cards. The card-issuing financial institutions shall suspend the individuals on the list from withdrawing cash overseas with the bank cards they issue no later than 5pm of the day Beijing time. The card-issuing financial institutions shall ensure the setup of their business systems to strictly implement the provision above. In the event of system rebuilding, the financial institution shall ensure the system will be completed no later than April 1, 2018. III. Any individual on the list may inquire of the branch or sub-branch of the SAFE about the details of their cash withdrawals overseas by presenting their valid ID cards. Any individual who entrusts an agent with the enquiry shall provide the valid ID cards of their own and the agent, as well as the certificate of authorization they issue. IV. For overseas cash withdrawals by individuals with their domestic bank cards, the ceiling for every foreign currency card per day is to be adjusted from the equivalent of USD 1,000 to the equivalent of RMB 10,000, which will be ensured by the card-issuing financial institutions through their business systems. The RMB card will continue to be subject to the ceiling of the equivalent of RMB 10,000 per card per day, which will be ensured by the domestic RMB card clearing organizations through their business systems. V. The card-issuing financial institutions shall enhance customer management, increase policy promotions, notify cardholders who have withdrawn cash overseas to pay attention to policy changes, guide individuals to reduce their extensive use of cash overseas and properly keep the information on individuals who are suspended from withdrawing cash overseas with their domestic bank cards. VI. Any card-issuing financial institution, domestic RMB card clearing organization or individual who violates the provisions of this Circular shall be punished in accordance with the Regulations. VII. This Circular shall take effect as of January 1, 2018. Paragraph 7 of Article 3 of the Circular of the State Administration of Foreign Exchange on Regulating Administration of Foreign Currency Bank Cards (Huifa No. 53 [2010]), and the Circular of the State Administration of Foreign Exchange on Further Intensifying Administration of Overseas Cash Withdrawals with China UnionPay RMB Cards (Huifa No. 40 [2015]) will be nullified on April 1, 2018. Upon receipt of this Circular, the branches and foreign exchange administrative departments of the SAFE shall immediately forward it to the central sub-branches, urban commercial banks, rural commercial banks, wholly foreign-owned banks, Chinese-foreign equity joint banks, branches of foreign banks, rural cooperative financial institutions, and county banks within your respective jurisdictions. State Administration of Foreign Exchange December 29, 2017 2017-12-30/en/2017/1230/1397.html
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Brief Table of External Debt, End-2002 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Trade Credits Others Total Ministries of the State Council (Government Agencies) 1780347.5 2705078.4 44454.53 522361 5052241.43 Chinese-funded Banks 637876.47 573623.76 1080735.61 11878.25 309309.45 243818.97 49566.65 117 33 2906959.16 Chinese-funded Non-banking Financial Institutions 21474.46 181707.64 5854.44 216125.2 286.94 629.07 12245.84 438323.59 Foreign-funded Enterprises 2143.17 65108.71 649984.68 142417.29 2319016.41 31641.15 41610.31 37624.15 37.12 26180.15 3315763.14 Chinese-funded Enterprises 491.76 52121.47 8741.29 24164.54 15705.64 882016.58 9200.28 10127.5 1002569.06 Foreign-funded Banks 1339478.19 17415.48 87983.96 3355.52 1448233.15 Foreign-funded Non-banking Financial Institutions 49525.32 2460 1384.36 2461.56 297.66 249.16 56378.06 Others 132.18 611.73 253 996.91 Trade Credits 2632300 2632300 Total 2442333.36 2770187.11 2891027.77 1240208.63 2355670.93 1079436.8 319934.76 140299.11 920684.46 9237.4 2632300 52444.2 16853764.5 FILE: Brief Table of External Debt, End-2002 2011-09-20/en/2011/0920/1407.html
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Brief Table of External Debt, End-1999 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Loans from Foreign Banks in China Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Others Total Ministries of the State Council (Government Agencies) 17203515.1 24451866.7 458897 5131050 51899.1 47297227.9 Chinese-funded Banks 9307798.1 8214359.5 12167315.8 597880.7 98130.5 3336129.7 648977.3 58410.7 1170 34430172.3 Chinese-funded Non-banking Financial Institutions 3074504.9 59113.2 570.2 756799.8 2565940 7491.7 10093.4 6471513.2 Leasing Company 1041104.6 24600 21176.3 407501.3 41048 77176.9 1612607.1 Foreign-funded Enterprises 37877.2 686871.3 10127662.1 1469727.7 19341324.6 13630369.7 969523 770578.1 260773.1 1887.3 47296594.1 Chinese-funded Enterprises 10326 1434315.5 88550.6 278904.8 325211.6 536348 11927406.3 111852.7 14712915.5 Others 1949 3183.2 3525 8657.2 Total 26559516.4 25138738 24352792.6 13809307.3 20243039.8 15218012.9 11999642.7 2048850.5 65902.4 12280144.7 113740 151829687.3 FILE: Brief Table of External Debt, End-1999 2011-09-20/en/2011/0920/1410.html
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Brief Table of External Debt, End-2003 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Trade Credits Others Total Ministries of the State Council (Government Agencies) 19,416,737.90 25,939,481.60 456,581.20 6,838,400.00 114,636.30 52,765,837.00 Chinese-funded Banks 5,766,435.50 13,633,407.60 9,851,521.60 115,483.20 2,677,682.40 543,470.80 733,347.50 12,860.00 33,334,208.60 Chinese-funded Non-banking Financial Institutions 187,629.70 1,723,953.00 55,249.80 62,551.90 1,650,856.10 30,386.60 2,912.00 6,528.90 569,226.30 4,289,294.30 Foreign-funded Enterprises 43,679.40 527,107.60 7,253,884.70 1,223,026.00 26,850,399.70 107,045.20 1,331,017.00 403.4 458,775.60 37,795,338.60 Chinese-funded Enterprises 5,820.80 485,938.70 122,759.50 264,048.10 96,264.80 6,294,431.90 91,643.00 263,693.20 7,624,600.00 Foreign-funded Banks 18,581,811.30 15,452.90 318,555.20 1,732,955.00 34,302.60 20,683,077.00 Foreign-funded Non-banking Financial Institutions 217,651.70 10,125.00 26,286.70 3,957.20 3,615.20 3,290.80 264,926.60 Others 49,311.70 170,643.60 1,910.00 78,292.30 2,791.60 302,949.20 Trade Credits 36,574,000.00 36,574,000.00 Total 25,420,303.30 26,466,589.20 42,402,539.90 11,252,556.90 27,488,704.40 11,166,938.50 1,238,555.60 2,473,171.70 7,713,885.30 92,046.40 36,574,000.00 1,344,940.10 193,634,231.30 FILE: Brief Table of External Debt, End-2003 2011-09-20/en/2011/0920/1406.html
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Brief Table of External Debt, End-2004 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Trade Credits Others Total Ministries of the State Council (Government Agencies) 304714.8 24614696.5 470429.3 8201390.0 33591230.6 Chinese-funded Banks 31858226.7 66155.5 5680865.2 10646770.6 57595.9 3391864.8 9016738.2 1131321.0 1170.0 69546.6 164177.7 62084432.2 Chinese-funded Non-banking Financial Institutions 7904.9 1683560.4 38689.1 63077.6 1437490.5 62375.8 2936.0 6429.0 582169.5 3884632.8 Foreign-funded Enterprises 30584.6 410935.4 7669997.6 1040756.8 31827902.4 298663.1 138621.6 2408941.3 421.4 818986.9 44645811.1 Chinese-funded Enterprises 6343.6 9000.0 389486.4 136032.8 283151.9 87576.5 4844242.7 86906.2 150438.8 5993178.9 Foreign-funded Banks 27656911.0 2826.4 106273.2 2926.0 291523.4 3099528.9 200875.6 31360864.5 Foreign-funded Non-banking Financial Institutions 195098.9 24600.0 7311.0 35159.3 4338.6 3688.1 3162.3 273358.2 Others 0.1 9056.9 244780.9 1909.9 315.2 2729.5 258792.5 Trade Credits 46504000.0 46504000.0 Total 32207774.7 25100787.4 43755405.7 11889675.7 32590092.9 13332334.4 9633904.7 4238439.7 7264471.1 156874.2 46504000.0 1922540.3 228596300.8 FILE: Brief Table of External Debt, End-2004 2011-09-20/en/2011/0920/1405.html
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Brief Table of External Debt, End-2001 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Trade Credits Others Total Ministries of the State Council (Government Agencies) 16558692 26790265 439347 6030385 49818689 Chinese-funded Banks 7122246 5932398 11307124 59187 3369992 1768386 497644 1170 30058147 Chinese-funded Non-banking Financial Institutions 1826023 45223 2498996 2842 5906 4378990 Foreign-funded Enterprises 16675 776007 8005167 1579777 23143148 769979 594980 312620 1540 35199893 Chinese-funded Enterprises 5963 894569 94322 250542 137085 9762957 103276 11248714 Foreign-funded Financial Institutions 15811444 200363 1033751 17045558 Others 579465 24600 87184 48213 13777 753239 Trade Credits 21610000 21610000 Total 23703576 27566272 33488413 13051046 23540061 12669352 2749027 1534237 10096430 104816 21610000 170113230 FILE: Brief Table of External Debt, End-2001 2011-09-20/en/2011/0920/1408.html
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Brief Table of External Debt, End-2000 （ in thousands of US dollars） Type of Debtor/Debt Loans from Foreign Governments Loans from International Financial Institutions Loans from Foreign Banks and Other Financial Institutions Buyer's Credit Loans from Foreign Exporters, Enterprises and Individuals Loans from Foreign Banks in China Bonds Issuing Abroad Deferred Payments Private Deposits from Overseas International Financial Leasing Liabilities to be Paid with Foreign Exchange in Compensation Trade Others Total Ministries of the State Council (Government Agencies) 17344812 25788260 448877 5337170 45113 48964232 Chinese-funded Banks 7229927 6467257 11448667 365602 61786 3595886 658306 7411 1170 29836011 Chinese-funded Non-banking Financial Institutions 2713480 53421 509471 2437981 2836 5954 5723143 Foreign-funded Enterprises 25944 560390 8792022 1621290 22065197 11624188 922619 658317 256809 1635 46528411 Chinese-funded Enterprises 4441 1010242 85593 268141 281507 182846 11583492 101133 13517395 Leasing Company and Others 789711 24600 55082 235717 14015 39015 1158140 Total 24605124 26348650 20221589 13233571 22754023 12712668 12293656 1558598 10246 11886440 102768 145727332 FILE: Brief Table of External Debt, End-2000 2011-09-20/en/2011/0920/1409.html
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FILE: Brief Table of External Debt, End-2005 2011-09-20/en/2011/0920/1404.html
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FILE: Brief Table of External Debt, End-2007 2011-09-20/en/2011/0920/1403.html
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In accordance with the Law of the People’s Republic of China on Anti-Money Laundering (Decree No. 56 of the President of the People’s Republic of China) and Regulations of the People’s Republic of China on Foreign Exchange Administration (Decree No. 532 of the State Council of the People’s Republic of China), the State Administration of Foreign Exchange (SAFE) has strengthened foreign exchange market regulation, and severely cracked down upon false and fraudulent foreign exchange transactions and other irregular behaviors, in a bid to contain money laundering and relevant illegal and criminal activities, and maintain the healthy and benign order in the foreign exchange market. In accordance with the Regulations of the People's Republic of China on the Disclosure of Government Information (Decree No. 492 of the State Council of the People's Republic of China) and other relevant regulations, a selection of typical cases involving violations of foreign exchange regulations are notified as follows: Case 1: The false entrepot trade case of Xiamen Branch, PingAn Bank From September 2015 to September 2016, Xiamen Branch of PingAn Bank handled foreign exchange payment for entrepot trade with false contracts and bills of lading of enterprises. Such behavior violates Article 12 of the Regulations on Foreign Exchange Administration. In accordance with Article 47 of the Regulations on Foreign Exchange Administration, a penalty of RMB 2.80 million was imposed on the bank. Case 2: The false entrepot trade case of Haikou Branch, China Everbright Bank From December 2015 to May 2016, Haikou Branch of China Everbright Bank handled foreign exchange payment for entrepot trade with false contracts and bills of lading of enterprises. Such behavior violates Article 12 of the Regulations on Foreign Exchange Administration. In accordance with Article 47 of the Regulations on Foreign Exchange Administration, a penalty of RMB 800,000 was imposed. Case 3: Handling of prepayment by Guangzhou Branch of Bank of East Asia in violation of regulations From February to May 2016, Guangzhou Branch of Bank of East Asia failed to perform verification responsibilities, and handled foreign exchange payment for prepayment in violation of regulations when there were multiple obvious inconsistencies between the import contracts and the invoices of enterprises. Such behavior violates Article 12 of the Regulations on Foreign Exchange Administration. In accordance with Article 47 of the Regulations on Foreign Exchange Administration, a penalty of RMB 500,000 was imposed. Case 4: Handling of onshore guarantees for offshore loans by Dalian Branch of Minsheng Bank in violation of regulations From July 2015 to March 2016, Dalian Branch of Minsheng Bank failed to fulfill verification responsibilities when handling contracting of onshore guarantees for offshore loans and performing foreign exchange payment, and failed to conduct due diligence and inspection on sources of expected repayment funds and relevant trading background. Such behavior of the Bank violated Articles 12 and 28 of Provisions on Foreign Exchange Administration for Cross-border Guarantee. In accordance with Article 47 of the Regulations on Foreign Exchange Administration, a penalty of RMB 3.073 million was imposed. Case 5: Evasion of foreign exchange by Jishan County Kangshengda Preserved Foods Co., Ltd. From October 2014 to November 2015, Jishan County Kangshengda Preserved Foods Co., Ltd. failed to collect foreign exchange for exported goods, involving an amount of USD 4.6647 million. Such behavior violated Article 12 of the Regulations on Foreign Exchange Administration and Article 14 of the Guidance on Foreign Exchange Administration under Trade in Goods, and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 2.0859 million was imposed. Relevant penalty information has been included in the credit information system of the People’s Bank of China. Case 6: Evasion of foreign exchange by Ningbo Minghui Mining Co., Ltd. In February and March 2017, Ningbo Minghui Mining Co., Ltd. fabricated trade background with invalid documents and made external foreign exchange payment of USD 2.7371 million. Such behavior violated Articles 12 and 14 of the Regulations on Foreign Exchange Administration, and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 924,000 was imposed. Relevant penalty information has been included in the credit information system of the People’s Bank of China. Case 7: Evasion of foreign exchange by Ningbo Shiding Import & Export Co., Ltd. In September 2017, Ningbo Shiding Import & Export Co., Ltd. forged marine bill of lading, fabricated trade background and made external foreign exchange payment of USD 3.881 million. Such behavior violated Articles 12 and 14 of the Regulations on Foreign Exchange Administration, and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 1.273 million was imposed. Relevant penalty information has been included in the credit information system of the People’s Bank of China. Case 8: Evasion of foreign exchange by Jiangsu Wuyang Group Co., Ltd. In September 2017, Jiangsu Wuyang Group Co., Ltd. forged import contracts, fabricated trade background and made external foreign exchange payment of USD 2.0007 million. Such behavior violated Article 12 of the Regulations on Foreign Exchange Administration and Article 3 of the Guidance on Foreign Exchange Administration under Trade in Goods, and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 654,000 was imposed. Relevant penalty information has been included in the credit information system of the People’s Bank of China. Case 9: Illegal trading of foreign exchange by a Mr. Zhou from Hong Kong From August 2014 to August 2016, Mr. Zhou conducted illegal trading of Hong Kong dollars several times via underground banks, involving an amount equivalent to RMB 14.0121 million. Such behavior violates Article 32 of the Regulations for the Administration of Settlement and Sales of and Payment in Foreign Exchange and was considered illegal trading of foreign exchange. In accordance with Article 45 of the Regulations on Foreign Exchange Administration, a penalty of RMB 1.4012 million was imposed. The SAFE exercised the “Watch list” management on Mr. Zhou, and included him into the credit information system of the People’s Bank of China. Case 10: Illegal trading of foreign exchange by a Mr. Yang from Guangdong From May 2015 to April 2016, Mr. Yang conducted illegal purchase of US dollars several times via underground banks, involving a total amount equivalent to RMB 4.5307 million. Such behavior violated Article 30 of the Measures for the Administration of Individual Foreign Exchange and Article 32 of the Regulations for the Administration of Settlement and Sales of and Payment in Foreign Exchange, and was considered illegal trading of foreign exchange. In accordance with Article 45 of the Regulations on Foreign Exchange Administration, a penalty of RMB 317,100 was imposed. The SAFE exercised the “Watch list” management on Mr. Yang, and included him into the credit information system of the People’s Bank of China. Case 11: Illegal trading of foreign exchange by a Mr. Xu from Jiangsu From October 2017 to April 2018, Mr. Xu conducted illegal trading of Hong Kong dollars at Macau casinos several times via underground banks, involving an amount equivalent to RMB 2.6598 million. Such behavior violated Article 30 of the Measures for the Administration of Individual Foreign Exchange and Article 32 of the Regulations for the Administration of Settlement and Sales of and Payment in Foreign Exchange, and was considered illegal trading of foreign exchange. In accordance with Article 45 of the Regulations on Foreign Exchange Administration, a penalty of RMB 320,000 was imposed. The SAFE exercised the “Watch list” management on Mr. Xu, and included him into the credit information system of the People’s Bank of China. Case 12: Illegal trading of foreign exchange by a Mr. Feng from Liaoning From December 2017 to May 2018, Mr. Feng conducted illegal trading of Hong Kong dollars at Macau casinos several times via underground banks, involving an amount equivalent to RMB 10.8179 million. Such behavior violated Article 30 of the Measures for the Administration of Individual Foreign Exchange and Article 32 of the Regulations for the Administration of Settlement and Sales of and Payment in Foreign Exchange, and was considered illegal trading of foreign exchange. In accordance with Article 45 of the Regulations on Foreign Exchange Administration, a penalty of RMB 1.30 million was imposed. The SAFE exercised the “Watch list” management on Mr. Feng, and included him into the credit information system of the People’s Bank of China. Case 13: Evasion of foreign exchange through split transactions by a Mr. Zhou from Shanghai From January to December 2015, to illegally transfer assets overseas, Mr. Zhou used the annual quotas of 21 domestic individuals for foreign exchange purchase to purchase foreign exchange and transfer personal funds split to overseas accounts, illegally transferring funds of USD 1.0496 million in total. Such behavior violated Article 7 of the Measures for the Administration of Individual Foreign Exchange and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 330,000 was imposed. The SAFE exercised the “Watch list” management on Mr. Zhou, and included him into the credit information system of the People’s Bank of China. Case 14: Evasion of foreign exchange through split transactions by a Mr. Shen from Shanghai From January to July 2016, to illegally transfer assets overseas, Mr. Shen used the annual quotas of 34 domestic individuals for foreign exchange purchase to purchase foreign exchange and transfer personal funds split to overseas accounts for purchasing overseas house properties, illegally transferring funds of CAD 2.04 million in total. Such behavior violated Article 7 of the Measures for the Administration of Individual Foreign Exchange and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 510,000 was imposed. The SAFE exercised the “Watch list” management on Mr. Shen, and included him into the credit information system of the People’s Bank of China. Case 15: Evasion of foreign exchange through split transactions by a Mr. Sui from Jilin From November 2017 to April 2018, to illegally transfer assets overseas, Mr. Sui used the annual quotas of 173 domestic individuals for foreign exchange purchase to purchase foreign exchange and transfer personal funds split to overseas accounts for purchasing overseas house properties, illegally transferring funds of CAD 12.0565 million in total. Such behavior violated Article 7 of the Measures for the Administration of Individual Foreign Exchange and was considered evasion of foreign exchange. In accordance with Article 39 of the Regulations on Foreign Exchange Administration, a penalty of RMB 3.009 million was imposed. The SAFE exercised the “Watch list” management on Mr. Sui, and included him into the credit information system of the People’s Bank of China. 2018-12-06/en/2018/1206/1478.html