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At the end of September 2008, China 's outstanding external debt (excluding that of Hong Kong SAR, Macao SAR, and Taiwan Province ) reached USD 441.952 billion, up by 18.29 percent compared with that at the end of 2007. Specifically, the outstanding long- and medium-term external debt reached USD 161.909 billion, up by 5.45 percent compared with that at the end of 2007, accounting for 36.63 percent of the total outstanding external debt. The outstanding short-term external debt totaled USD 280.043 billion, up by 27.24 percent compared with that at the end of 2007, accounting for 63.37 percent of the total outstanding external debt. Of the outstanding registered external debt of USD 288.152 billion, the outstanding sovereign debt borrowed by ministries under the State Council totaled USD 34.550 billion, accounting for 11.99 percent; the outstanding debt of Chinese-funded financial institutions was USD 108.215 billion, accounting for 37.56 percent; the outstanding debt of foreign-funded enterprises was USD 93.214 billion, accounting for 32.35 percent; the outstanding debt of foreign-funded financial institutions in China was USD 47.294 billion, accounting for 16.41 percent; the outstanding debt of Chinese-funded enterprises was USD 4.502 billion, accounting for 1.56 percent; and the outstanding debt of other institutions was USD 377 million, accounting for 0.13 percent. From January to September 2008, long- and medium-term external borrowing amounted to USD 27.38 billion, an increase of USD 1.908 billion, or 7.49 percent, over that in the same period of the last year. The principal repayment was USD 13.784 billion, a decrease of USD 977 million, or 6.62 percent, over the previous year. The interest payment was USD 2.956 billion, an increase of USD 290 million, or 10.88 percent, over that in the previous year(End). 2008-12-26/en/2008/1226/881.html
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At the end of June 2008, China 's outstanding external debt (excluding that of Hong Kong SAR, Macao SAR, and Taiwan Province ) reached USD 427.432 billion, up by 14.40 percent compared with that at the end of 2007. Specifically, the outstanding long- and medium-term external debt reached USD 162.067 billion, up by 5.56 percent compared with that at the end of 2007, accounting for 37.92 percent of the total outstanding external debt. The outstanding short-term external debt totaled USD 265.365 billion, up by 20.57 percent compared with that at the end of 2007, accounting for 62.08 percent of the total outstanding external debt. Among the outstanding registered external debt of USD 278.832 billion, the outstanding sovereign debt borrowed by ministries under the State Council totaled USD 35.048 billion, accounting for 12.57 percent; the outstanding debt of Chinese-funded financial institutions was USD 105.410 billion, accounting for 37.80 percent; the outstanding debt of foreign-funded enterprises was USD 86.541 billion, accounting for 31.04 percent; the outstanding debt of foreign-funded financial institutions in China was USD 46.881 billion, accounting for 16.81 percent; the outstanding debt of Chinese-funded enterprises was USD 4.620 billion, accounting for 1.66 percent; and the outstanding debt of other institutions was USD 332 million, accounting for 0.12 percent. From January to June 2008, long- and medium-term external borrowing came to USD 19.505 billion, an increase of USD 4.136 billion or 26.91 percent over that during the same period of the last year. The principal repayment was USD 8.773 billion, a decrease of USD 2.232 billion or 20.28 percent over that during the same period of the last year. The interest payment for long- and medium-term debt was USD 1.918 billion, an increase of USD 178 million or 10.23 percent over that during the same period of the last year. 2008-10-07/en/2008/1007/877.html
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October 31, 2007 -- The SAFE recently released China's Balance of Payments Statement for the first half of 2007. Statistics reveal that the current account and the capital and financial account posted a "twin surplus",and international reserves increased rapidly. In the first half of 2007, China's surplus under the current account totaled USD 162.9 billion. Specifically, according to the statistical coverage of the balance of payments, the surpluses in goods, income, and current transfers reached USD 135.7 billion, USD 12.9 billion, and USD 17.4 billion, respectively, while the deficit in services amounted to USD 3.1 billion. Meanwhile, China's surplus under the capital and financial account totaled USD 90.2 billion. In particular, net inflows of the capital account, direct investments, and other investments reached USD 1.5 billion, USD 50.9 billion, and USD 42.6 billion respectively, while the outflows of portfolio investment totaled USD 4.8 billion. Furthermore, China's international reserves continued to grow. At the end of June, China registered a total of USD 1,332.6 billion in foreign exchange reserves, an increase of USD 266.3 billion over the end of 2006. In addition, the BOP Analysis Team of the SAFE released China's Balance of Payments Report for the First Half of 2007 in order to facilitate understanding of the data and analysis of China's balance of payments among all social groups. Chinas Balance of Payments * (First Half of 2007) (Unit: 1,000 US dollars) Item Line Balance Credit Debit I. Current Account 1 162,857,962 656,184,959 493,326,998 A. Goods and Services 2 132,549,018 603,062,616 470,513,597 a. Goods 3 135,690,881 547,174,215 411,483,334 b. Services 4 -3,141,862 55,888,401 59,030,263 1.Transportation 5 -4,843,018 13,554,628 18,397,646 2.Travel 6 3,341,977 17,935,000 14,593,023 3.Communication Services 7 125,237 592,293 467,057 4.Construction Services 8 619,002 1,878,559 1,259,557 5.Insurance Services 9 -4,336,191 482,745 4,818,936 6.Financial Services 10 -218,799 76,406 295,205 7.Computer and Information Services 11 971,409 1,948,049 976,640 8.Royalties and Licensing Fees 12 -3,833,739 114,902 3,948,641 9.Consulting Services 13 -196,482 4,941,825 5,138,307 10.Advertising and Public Opinion Polling 14 295,104 875,640 580,536 11.Audio-visual and Related Services 15 31,048 92,700 61,652 12.Other Business Services 16 4,903,403 13,035,673 8,132,270 13. Government Services, n.i.e. 17 -814 359,980 360,794 B. Income 18 12,904,373 34,083,181 21,178,808 1.Compensation of Employees 19 1,716,895 2,972,999 1,256,105 2.Investment Income 20 11,187,478 31,110,182 19,922,704 C. Current Transfers 21 17,404,571 19,039,163 1,634,592 1.General Government 22 -83,230 21,191 104,421 2.Other Sectors 23 17,487,801 19,017,972 1,530,171 II. Capital and Financial Account 24 90,164,499 446,812,821 356,648,322 A. Capital Account 25 1,464,582 1,563,893 99,311 B. Financial Account 26 88,699,916 445,248,928 356,549,011 1. Direct Investment 27 50,919,043 63,314,553 12,395,510 1.1 Abroad 28 -7,414,240 585,653 7,999,892 1.2 Domestic 29 58,333,282 62,728,900 4,395,618 2. Portfolio Investment 30 -4,825,693 17,686,641 22,512,334 2.1 Assets 31 -15,077,372 7,434,962 22,512,334 2.1.1 Equity Securities 32 -5,034,000 927,000 5,961,000 2.1.2 Debt Securities 33 -10,043,372 6,507,962 16,551,334 2.1.2.1 Bonds and Notes 34 -8,175,372 6,507,962 14,683,334 2.1.2.2 Money Market Instruments 35 -1,868,000 0 1,868,000 2.2 Liabilities 36 10,251,678 10,251,678 0 2.2.1 Equity Securities 37 10,251,678 10,251,678 0 2.2.2 Debt Securities 38 0 0 0 2.2.2.1 Bonds and Notes 39 0 0 0 2.2.2.2 Money Market Instruments 40 0 0 0 3. Other Investment 41 42,606,567 364,247,734 321,641,167 3.1 Assets 42 17,149,666 31,767,204 14,617,538 3.1.1 Trade Credits 43 -5,915,000 0 5,915,000 Long-term 44 -414,050 0 414,050 Short-term 45 -5,500,950 0 5,500,950 3.1.2 Loans 46 12,235,115 14,539,086 2,303,972 Long-term 47 -1,041,000 0 1,041,000 Short-term 48 13,276,115 14,539,086 1,262,972 3.1.3 Currency and Deposits 49 9,227,109 13,212,830 3,985,722 3.1.4 Other Assets 50 1,602,443 4,015,287 2,412,844 Long-term 51 0 0 0 Short-term 52 1,602,443 4,015,287 2,412,844 3.2 Liabilities 53 25,456,901 332,480,530 307,023,629 3.2.1 Trade Credits 54 7,132,000 7,132,000 0 Long-term 55 499,240 499,240 0 Short-term 56 6,632,760 6,632,760 0 3.2.2 Loans 57 10,192,989 279,836,819 269,643,829 Long-term 58 2,381,266 10,091,536 7,710,271 Short-term 59 7,811,724 269,745,283 261,933,559 3.2.3 Currency and Deposits 60 8,247,446 44,741,749 36,494,304 3.2.4 Other Liabilities 61 -115,534 769,962 885,496 Long-term 62 278,404 309,958 31,554 Short-term 63 -393,938 460,004 853,942 III. Reserves Assets 64 -266,097,901 219,340 266,317,242 3.1 Monetary Gold 65 0 0 0 3.2 Special Drawing Rights 66 -36,242 0 36,242 3.3 Reserves Position in the Fund 67 219,340 219,340 0 3.4 Foreign Exchange 68 -266,281,000 0 266,281,000 3.5 Other Claims 69 0 0 0 IV. Net Errors and Omissions 70 13,075,441 13,075,441 0 * This BOP statement employs rounded-off numbers. 2007-10-31/en/2007/1031/860.html
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April 19, 2007 - At the end of 2006, China 's outstanding external debt reached USD 322.988 billion (excluding that of the Hong Kong SAR, Macao SAR, and Taiwan Province , the same below), an increase of USD 41.943 billion or 14.92% compared with that at the end of 2005. Specifically, the outstanding long- and medium-term debt (with the remaining term) stood at USD 139.360 billion, an increase of USD 14.458 billion or 11.58% compared with that at the end of 2005. The outstanding short-term debt (with the remaining term) was USD 183.628 billion, an increase of USD 27.485 billion or 17.60% compared with that at the end of 2005. The short-term debt accounted for 56.85% of the total. Among the USD 322.988 billion external debt, the outstanding registered external debt was USD 218.988 billion and the balance of trade credit was USD 104 billion. Among the outstanding registered external debt, the amount borrowed by ministries and commissions directly under the State Council was USD 34.354 billion, accounting for 15.69%; that of domestic-funded financial institutions was USD 70.363 billion, accounting for 32.13%; that of foreign-funded enterprises was USD 60.842 billion, accounting for 27.78%; that of foreign-funded financial institutions in China was USD 49.634 billion, accounting for 22.67%; that of Chinese-funded enterprises was USD 3.521 billion, accounting for 1.61%; and that of other institutions was USD 274 million, accounting for 0.12%. The amount of registered long- and medium-term external borrowing in 2006 was USD 26.033 billion, an increase of USD 1.364 billion or 5.53% over the previous year. The principal repayment was USD 17.899 billion, a decrease of USD 2.852 billion or 13.74% over the previous year. The interest payment under the long- and medium-term debt was USD 3.105 billion, an increase of USD 23 million or 0.75% compared with the previous year. Initial calculations reveal that our debt service ratio in 2006 was 2.09%, the ratio of outstanding external debts to foreign exchange income was 30.42%, the ratio of outstanding external debts to GDP was 12.30%, and the ratio of short-term external debts to foreign exchange reserves was 17.22%. All of these indexes are within the safety limits of international standards. 2007-04-19/en/2007/0419/836.html
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At the end of 2007, China 's outstanding external debt (excluding that of Hong Kong SAR, Macao SAR, and Taiwan Province ) reached USD 373.618 billion, an increase of USD 50.63 billion or 15.68% compared with that at the end of 2006. Specifically, the outstanding long- and medium-term external debt (with the remaining term) reached USD 153.534 billion, an increase of USD 14.174 billion or 10.17% compared with that at the end of 2006, accounting for 41.09% of the total outstanding external debt. The outstanding short-term external debt totaled USD 220.084 billion, an increase of USD 36.456 billion or 19.85% compared with that at the end of 2006, accounting for 58.91% of the total outstanding external debt. In terms of China 's total outstanding external debt, the outstanding registered external debt reached USD240.518 billion and the balance of trade credit was USD 133.1 billion. In terms of the outstanding registered external debt, the outstanding sovereign debt borrowed by ministries under the State Council was USD 34.886 billion, accounting for 14.51%; the outstanding debt of Chinese-funded financial institutions was USD 80.317 billion, accounting for 33.39%; the outstanding debt of foreign-funded enterprises was USD 74.004 billion, accounting for 30.77%; the outstanding debt of foreign-funded financial institutions in China was USD 46.307 billion, accounting for 19.25%; the outstanding debt of Chinese-funded enterprises was USD 4.685 billion, accounting for 1.95%; and the outstanding debt of other institutions was USD 319 million, accounting for 0.13%. The amount of registered long- and medium-term external borrowing in 2007 was USD 36.016 billion, an increase of USD 9.983 billion or 38.35% over that in the previous year. The principal repayment under the long- and medium-term debt was USD 20.267 billion, an increase of USD 2.368 billion or 13.23% over that in the previous year. The interest payment was USD 4.958 billion, an increase of USD 1.853 billion or 59.68% over that in the previous year. Initial calculations reveal that the debt service ratio in 2007 was 1.98%, the ratio of outstanding external debts to foreign exchange income was 27.84%, the ratio of outstanding external debts to GDP was 11.52%, and the ratio of short-term external debts to foreign exchange reserves was 14.40%. All of these indexes are within the safe range of international standards. 2008-04-09/en/2008/0409/865.html
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September 29, 2007 -- At the end of June 2007, China 's outstanding external debt (excluding that of Hong Kong SAR, Macao SAR, and Taiwan Province , the same as below) reached USD327.802 billion, an increase of USD 4.814 billion or 1.49% compared with that at the end of 2006. Specifically, the outstanding long- and medium-term external debt (with the remaining term) reached USD 142.933 billion, an increase of USD 3.573 billion or 2.56% compared with that at the end of 2006, accounting for 43.60% of the total outstanding external debt; the outstanding short-term external debt (with the remaining term) totaled USD 184.869 billion, an increase of USD 1.241 billion or 0.7% compared with that at the end of 2006, accounting for 56.40% of the total outstanding external debt. Among China 's total outstanding external debt, the outstanding registered external debt reached USD 216.702 billion and the balance of trade credit was USD 111.1 billion. Among the outstanding registered external debt, the outstanding sovereign debt borrowed by ministries under the State Council was USD 34.608 billion, accounting for 15.97%; the outstanding debt of Chinese-funded financial institutions was USD 70.648 billion, accounting for 32.60%; the outstanding debt of foreign-funded enterprises was USD 64.036 billion, accounting for 29.55%; the outstanding debt of foreign-funded financial institutions in China was USD 43.843 billion, accounting for 20.23%; the outstanding debt of Chinese-funded enterprises was USD 3.282 billion, accounting for 1.52%; and the outstanding debt of other institutions was USD 285 million, accounting for 0.13%. From January to June 2007, long- and medium-term external borrowing was USD 15.369 billion, an increase of USD 5.492 billion or 55.60% over the previous year. The principal repayment was USD 11.005 billion, an increase of USD 2.653 billion or 31.76% over the previous year. The interest payment was USD1.740 billion, an increase of USD 622 million or 55.64% over the previous year. In the first half year of 2007, the growth rate of Chinas external debt slowed down, and the outstanding registered external debt witnessed negative growth for the first time in the past five years, with the short-term registered external debt dropping greatly and the share of the short-term external debt declining for the first time. 2007-09-29/en/2007/0929/856.html
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At the end of September 2007, China 's outstanding external debt (excluding that of Hong Kong SAR, Macao SAR, and Taiwan Province ) reached USD345.705 billion, an increase of USD 22.717 billion or 7.03% compared with that at the end of 2006. Specifically, the outstanding long- and medium-term external debt (with the remaining term) reached USD 148.047 billion, an increase of USD 8.687 billion or 6.23% compared with that at the end of 2006, accounting for 42.82% of the total outstanding external debt; the outstanding short-term external debt (with the remaining term) totaled USD 197.658 billion, an increase of USD 14.03 billion or 7.64% compared with that at the end of 2006, accounting for 57.18% of the total outstanding external debt. Of China 's total outstanding external debt, the outstanding registered external debt reached USD 226.005 billion and the balance of trade credit was USD 119.7 billion. Of the outstanding registered external debt, the outstanding sovereign debt borrowed by ministries and commissions of the State Council was USD 34.612 billion, accounting for 15.31%; the outstanding debt of Chinese-funded financial institutions was USD 73.175 billion, accounting for 32.38%; the outstanding debt of foreign-funded enterprises was USD 67.616 billion, accounting for 29.92%; the outstanding debt of foreign-funded financial institutions in China was USD 45.576 billion, accounting for 20.17%; the outstanding debt of Chinese-funded enterprises was USD 4.737 billion, accounting for 2.09%; and the outstanding debt of other institutions was USD 289 million, accounting for 0.13%. From January to September 2007, the long- and medium-term external debt was USD 25.472 billion, an increase of USD 7.65 billion or 42.92% over that in the previous year. The principal repayment under the long- and medium-term external debt was USD 14.761 billion, an increase of USD 2.287 billion or 18.33% over that in the previous year. The interest payment was USD 2.666 billion, an increase of USD 817 million or 44.19% over that in the previous year. 2007-12-29/en/2007/1229/863.html
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China 's international investment position of 2005 issued for the first time. 2006-05-25/en/2006/0525/787.html
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Data of China 's external debts at the end of September, 2006 released 2006-12-28/en/2006/1228/818.html
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China 's external debts at the end of March, 2006 2006-06-27/en/2006/0627/791.html