中国国际收支平衡表分析报告中英对照.pdf

文档 Analysis of China’s BoP 1. The condition of China ’s international balance of payments In 2015, there are some new changes in Chinas international balance of payments. It changesfrom double surplus to one surplus and one deficit which there is surplus in current account, andthere is deficit in capital and financial account (excluding reserve assets) . 1.1 The surplus in current account increased to be nearly three hundred billion dollars. In 2015, the current account surplus is $ 293.2 billion, increased 33% over the last year. The current account surplus to GDP ratio was 2.7% , it was 2.1% in 2014. Goods trade surplus create a high record. In 2015, the balance of payments caliber goods trade surplus is $ 578.1 billion, increased 33% over the last year. Among them, the goods trade income is $ 2.145 trillion, decreasedby 4%; expenditure is 1.5669 trillion US dollars, decreased by 13%. Trade ins continued to show a deficit. In 2015,s trade deficit is $ 209.4 billion, increase 39% over the last year. Trade ins income is $ 230.4 billion, decreased by1%; expenditure is $ 439.7 billion, increased 15% over the last year. The travel project is the largest one in trade deficit.In 2015, the deficit is $ billion, increased 81% over the last year, becauseof strong needs of overseas study, tourism, shopping and other spending needs. Primary income deficit is enlarged. In 2015, primary income deficit is $59.2 billion, increased 74% over the last year. Income $ 230.1 billion, increased 8%; spending $ 289.3 billion, increased 17%. Mainly because of the large amount of direct investment in China, and the growth rate of the spending on investment is higher than the rate of China’s foreign direct investment income . Secondary income deficit is narrowed. In 2015, sec