The SAFE recently released revised data for China's 2009 Balance of Payments Statement. The statistics reveal that the current account and the capital and financial account continued to post a "twin surplus" in 2009.
In 2009, China's surplus under the current account totaled USD 297.1 billion, a decrease of 32 percent compared with that of the previous year. Specifically, according to the statistical coverage of the balance of payments, the surpluses in goods, income, and current transfers reached USD 249.5 billion, USD 43.3 billion, and USD 33.7 billion, respectively, whereas the deficit in services amounted to USD 29.4 billion.
In 2009, the surplus under the capital and financial account totaled USD 144.8 billion, a 6.64-fold increase over that in the previous year. In particular, net inflows of direct investments, portfolio investments, and other investments amounted to USD 34.3 billion, USD 38.7 billion, and USD 67.9 billion respectively.
China's international reserves assets from transactions increased by USD 398.4 billion. Specifically, foreign exchange reserves assets registered a net increase of USD 382.1 billion (exclusive of the influence of the change in the value of non-transaction factors such as the exchange rates, prices, and so forth), whereas special drawing rights, the reserve position in the IMF, and monetary gold posted increases of USD 11.1 billion, USD 0.4 billion, and USD 4.9 billion respectively.
Following the release of these data, in compliance with international conventions data on the foreign exchange reserves assets in Chinas Balance of Payments Statement will only record changes in transactions; changes in the value of the reserves assets due to non-transaction factors, such as exchange rates and prices, will be reflected in the International Investment Position.  The SAFE has made retroactive adjustments to the data in the Balance of Payments Statements since 2003 according to the above specifications and is releasing them simultaneously with this statement (see the attachment).
In addition, the BOP Analysis Team of the SAFE released China's Balance of Payments Report for 2009 in order to facilitate an understanding of the data and analysis of China's balance of payments among all groups in the society.

China's Balance of Payments Statement
2009
			Unit: USD 100 million
Items	#	Balance	Credit	Debit
I. Current Account	1	2,971	14,846	11,874
A. Goods and Services	2	2,201	13,333	11,132
a. Goods	3	2,495	12,038	9,543
b. Services	4	-294	1,295	1,589
1.Transportation	5	-230	236	466
2.Travel	6	-40	397	437
3.Communications Services	7	0	12	12
4.Construction Services	8	36	95	59
5.Insurance Services	9	-97	16	113
6.Financial Services	10	-3	4	7
7.Computer and Information Services	11	33	65	32
8.Royalties and Licensing Fees	12	-106	4	111
9.Consulting Services	13	52	186	134
10.Advertising and Public Opinion Polling	14	4	23	20
11.Audio-visual and Related Services	15	-2	1	3
12. Other Business Services	16	59	247	188
13. Government Services, n.i.e.	17	1	9	8
B. Income	18	433	1,086	653
1.Employee Compensation	19	72	92	21
2.Investment Income	20	361	994	632
C. Current Transfers	21	337	426	89
1.General Government	22	-2	0	3
2.Other Sectors	23	340	426	86
II. Capital and Financial Account	24	1,448	7,464	6,016
A. Capital Account	25	40	42	2
B. Financial Account	26	1,409	7,422	6,014
1. Direct Investment	27	343	1,142	799
1.1 Abroad	28	-439	42	481
1.2 In China	29	782	1,100	318
2. Portfolio Investment	30	387	981	594
2.1 Assets	31	99	669	570
2.1.1 Equity Securities	32	-338	122	461
2.1.2 Debt Securities	33	437	547	110
2.1.2.1 Bonds and Notes	34	370	479	110
2.1.2.2 Money Market Instruments	35	67	68	0
2.2 Liabilities	36	288	312	24
2.2.1 Equity Securities	37	282	288	7
2.2.2 Debt Securities	38	6	23	17
2.2.2.1 Bonds and Notes	39	6	23	17
2.2.2.2 Money Market Instruments	40	0	0	0
3. Other Investment	41	679	5,299	4,620
3.1 Assets	42	94	1,174	1,080
3.1.1 Trade Credits	43	-544	0	544
Long-term	44	-38	0	38
Short-term	45	-506	0	506
3.1.2 Loans	46	130	450	320
Long-term	47	-315	0	315
Short-term	48	445	450	5
3.1.3 Currency and Deposits	49	52	267	216
3.1.4 Other Assets	50	456	457	1
Long-term	51	0	0	0
Short-term	52	456	457	1
3.2 Liabilities	53	585	4,125	3,540
3.2.1 Trade Credits	54	321	321	0
Long-term	55	22	22	0
Short-term	56	298	298	0
3.2.2 Loans	57	37	3,222	3,185
Long-term	58	-97	135	232
Short-term	59	134	3,087	2,953
3.2.3 Currency and Deposits	60	116	456	340
3.2.4 Other Liabilities	61	111	126	15
Long-term	62	110	110	0
Short-term	63	1	16	15
III. Reserves Assets	64	-3,984	0	3,984
3.1 Monetary Gold	65	-49	0	49
3.2 Special Drawing Rights	66	-111	0	111
3.3 Reserves Position in the Fund	67	-4	0	4
3.4 Foreign Exchange	68	-3,821	0	3,821
3.5 Other Claims	69	0	0	0
IV. Net Errors and Omissions	70	-435	0	435

1. This statement employs rounded-off numbers.
2. After this release, according to international convention, the SAFE has made adjustments to the methods for recording the reserves assets, i.e., only changes in reserves assets due to transactions will be recorded in the balance of payments statement, which will be exclusive of changes in the value of reserves assets due to non-transaction factors such as exchange rates and prices.