Part 3 China's Framework and Practice of Statistics on Trade in Services
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China's Institutions and Systems Of Statistics on Trade In Services Trade in Services Statistical Monitoring and Management Information System Exploration of Statistics on Trade in Services from Relevant Departments and Local Governments IV
Existing Statistical Results and Problems I. China's Institutions and Systems Of Statistics on Trade In Services 1. Statistical Monitoring System for International Trade in Services
Legal basis: formulated based on the Foreign Trade Law of the People's Republic of China, Statistics Law of the People’s Republic of China and relevant regulations.
Standard compliance: it follows the classification standards determined by the Manual on Statistics of International Trade in Services, and some items are adjusted according to the actual situation in China.
Content of statistics on trade in services: mainly including the import and export of services and the trade in services of foreign affiliates.
Mainly relying on the balance of payments statistics system. Part of industry data are obtained through other channels or estimation.
3. Sources of FATS statistics
Currently, for FATS statistics, China counts sales of service businesses in which more than 50% of the stock is owned instead of whole service businesses.
Non-financial inward FATS data are obtained from Joint Report of Annual Investment and Operation Information of Foreign-invested Enterprises;
Non-financial outward FATS data are obtained from Data on Outward Foreign Direct Investment; Industries are classified according to the Industrial classification for national economic activities.
Financial inward and outward FATS data are provided by relevant authorities respectively.
4. Release of statistics data on trade in services
Implement a regular public release system. Where, the statistics report of service import and export is a monthly report; The FATS statistics report is the annual report.
The statistical data of China's service import and export and FATS will be published by the Ministry of Commerce through China Statistics of Trade in Services report, government website or press conference.
