What Is an Investment Position?
The compilation and publication of the IIP can provide basic information for a country or region to measure its foreign economic risk status, and is of great significance to China's macroeconomic analysis and policy decisions.
International Investment Position
Right!
- Preparation and publication
- Position at the end of the year = Position at the beginning of the year + transaction + price change +
- First of all,
- The China International Investment Position Statement is a statistical statement reflecting the financial assets and liabilities stocks of other countries or regions in China (excluding Hong Kong, Macau, and Taiwan, and the same below) at a specific point in time.
- International Investment Position
|
|
|
|
|
|
- I. Principles for the preparation of the International Investment Position Chart
- The China International Investment Position Statement is a statistical statement reflecting the financial assets and liabilities stocks of other countries or regions in the world (excluding Hong Kong, Macau, and Taiwan in China).
- Explanation of Main Indicators of the International Investment Position Chart
- The specific project meanings are as follows:
- 1. Direct investment : Investment aimed at investors seeking to run businesses outside their home country to gain an effective voice. Divided into foreign direct investment and foreign direct investment in China. Among them, foreign direct investment includes the stock of foreign direct investment of the domestic non-financial sector, the stock of capital and working capital allocated by domestic banks to set up branches overseas, and loans and other receivables and payables from domestic and overseas parent and subsidiary companies. Stock. Foreign direct investment in China includes China s non-financial sector's stock of direct investment in China and the financial sector's stock of overseas direct investment (including the establishment of branches by foreign financial institutions, the absorption of foreign investment by Chinese financial institutions, and the stock of Chinese and foreign investments in joint venture financial sectors), And the stock of loans and other receivables and payables between domestic and foreign parent and subsidiary companies.
- 2. Securities investment : including investments in the form of stocks, medium and long-term bonds and money market instruments. Securities investment assets refer to stocks, bonds, money market instruments, and derivative financial instruments issued by non-residents held by Chinese residents. Securities investment liabilities are non-residents holding stocks and bonds issued by Chinese residents.
- 2.1 Equity securities : Including securities mainly in the form of stocks.
- 2.2 Debt securities : Including medium and long-term bonds and short-term bonds with a term of one year (including one year); money market instruments or transferable debt instruments, such as short-term Treasury bills, commercial paper, short-term negotiable large certificates of deposit, etc.
- 3. Other investments : refers to all financial assets / liabilities except direct investment, securities investment and reserve assets, including four types of forms: trade credit, loans, currency and deposits, and other assets / liabilities. The long-term refers to financial assets / liabilities with a contract period of more than one year, and short-term financial assets / liabilities of one year (including one year).
- 3.1 Trade Credit : Refers to the direct commercial credit that accompanies the import and export of goods between China and other countries or regions in the world. Assets represent the export receivables of our exporters and import advances paid by our importers; liabilities represent the import receivables of our importers and advance payment of goods received by our exporters.
- 3.2 Loans : Assets represent external assets held by domestic institutions through the provision of loans and placements abroad; liabilities represent various types of loans borrowed by Chinese institutions, such as foreign government loans, international organization loans, foreign bank loans, and seller credit .
- 3.3 Currency and deposits : Assets represent short-term funds such as overseas private deposits, short-term funds of foreign banks, and borrowings from foreign exporters and private individuals such as overseas deposits held by Chinese financial institutions and foreign exchange cash inventories.
- 3.4 Other assets / liabilities : refers to investments other than trade credits, loans, currencies, and deposits, such as equity capital subscribed by non-monetary international organizations, and other receivables and payables.
- 4. Reserve assets : refers to external assets that the Central Bank of China can use and effectively control at any time, including monetary gold (1536.10, -0.20, -0.01%), special drawing rights, reserve positions in the Fund and foreign exchange.
- 4.1 Monetary gold : refers to the gold held by China's central bank as a reserve.
- 4.2 Special drawing right : A book asset allocated by the IMF based on the shares subscribed by Member States, which can be used to repay IMF debts and make up for the balance of payments between Member Governments.
- 4.3 Reserve position in the IMF: refers to the assets that China can freely use in the general account of the International Monetary Fund.
- 4.4 Foreign exchange : refers to the liquid assets and debts held by China's central bank that can be used for international settlement.