Explanatory Notes on Main Statistical Indicators

   

Total Imports and Exports at Customs   refer to the real value of commodities imported and exported across the border of China. They include the actual imports and exports through foreign trade, imported and exported goods under the processing and assembling trades and materials, supplies and gifts as aid given gratis between governments and by the United Nations and other international organizations, and contributions donated by overseas Chinese, compatriots in Hong Kong and Macao and Chinese with foreign citizenship, leasing commodities owned by tenant at the expiration of leasing period, the imported and exported commodities processed with imported materials, commodities trading in border areas (excluding mutual exchange goods), the imported and exported commodities and articles for public use of the Sino-foreign joint ventures, cooperative enterprises and ventures with sole foreign investment. Also included is import or export of samples and advertising goods for which CIF or FOB value are beyond the permitted ceiling (excluding goods of no trading or use value and free commodities for export), imported goods sold in China from bonded warehouses and other imported or exported goods. The indicator of the total imports and exports at customs can be used to observe the total size of external trade in a country. In accordance with the stipulation of the Chinese government, imports are calculated at CIF, while exports are calculated at FOB.

Import Export Value by Location of China’s Foreign Trade Managing Units  refers to actual value of imports and exports carried out by corporations which have been registered by the local Customs house and are vested with right to run import export business.

Foreign Direct Investment   refers to foreign investment in China through the establishment of foreign invested enterprises, cooperative exploration and development of petroleum resources with domestic investors and the establishment of branch organizations of foreign enterprises.Foreign investment can be made in forms of cash, physical investment, technical know-how and reinvestment of the foreign enterprises with the profits gained from the investment.

Other Foreign Investment   refers to all forms of utilization of foreign capitals other than foreign borrowings and foreign direct investment. It includes the total value of stock shares in foreign currencies issued by enterprises at domestic or foreign stock exchanges, rent payable for the imported equipment through international leasing arrangement, cost of imported equipment, technology and materials provided by foreign counterparts in compensation trade and processing and assembly trade.

Visitor arrivals   refer to the number of foreigners, Chinese compatriots from Hong Kong, Macao and Taiwan Chinese (mainland) who come to China (mainland) for sight-seeing, vacation, visiting relatives, medical treatment, shopping, attending conference, or to engage in economic, cultural, sports and religious activities. In compiling statistics, each time of entering China is counted as one person-time.

Foreign Exchange Earnings from Tourism   refer to the total expenditures cost in the process of foreigners’ tourism in the mainland of China, including traffic, visit, accommodation, table, shopping and amusement expenditures.

Overseas Contracted Project  refers to projects undertaken by Chinese contractors (project contracting companies) through bidding process. They include:  (1) overseas civil engineering construction projects financed by foreign investors; (2) overseas projects financed by the Chinese government through its foreign aid programs; (3) construction projects of Chinese diplomatic missions, trade offices and other institutions stationed abroad; (4) construction projects in China financed by foreign investment; (5) sub-contracted projects to be taken by Chinese contractors through a joint umbrella project with foreign contractor(s); (6) housing development projects. The business income from international contracted projects is the work volume of contracted projects completed during the reference period, expressed in monetary terms, including completed work on projects signed in previous years.

Overseas Labour Services  refer to the activities of providing technology and labour services to employers or contractors in the forms of receiving salaries and wages. Labour services providing by contractual joint ventures of Chinese international contracting corporations should be included in the statistics of service co-operation with foreign countries. The business income of labour service cooperation is the income in the form of wages and salaries, overtime pay, bonuses and other remuneration received from the employers during the reference period.

Domestic Capital   refers to capital inpoured by the way of sole investment, joint venture and cooperative operation from the corporations, social unions and other investors within China boundaries but outside Chongqing municipality (excluding Hong Kong, Macao, Taiwan) who consider engaging economic and social activities as their main destination in Chongqing, and follow the market system on behalf of equality. It excludes the subscription for no payment of central and local governments.