Inward FATS: enterprises resident in foreign countries or regions realize trade in services in host countries, by the means of controlling the domestic enterprises in host countries through direct investments (which make them occupy at least 50% shares of that said domestic enterprises).
Outward FATS: domestic enterprises of some countries, resident in their own motherland, realize trade in services in foreign countries or regions, by the means of controlling the foreign enterprises in foreign countries or regions through direct investments (which make them occupy at least 50% shares of that said foreign enterprises).
(i) Practices of U.S. statistics on trade in services The main organization of statistics: U.S. Bureau of Economic Analysis (BEA), BEA conducts statistics of BOP (Balance of Payment) and FATS (Foreign Affiliates Statistics) respectively according to the business transactions, and the survey information can only be used for statistical and analytical purposes.
III. International Experience of Statistics on Trade in Services
(i) Practices of U.S. statistics on trade in services
1. Balance of Payment (BOP): combination of census and sampling survey American BOP statistics adopts the method of combining census and sampling survey, mainly obtaining data through enterprise survey.
For enterprises with annual turnover of more than USD 500,000, conduct census every five years serving as benchmark;
For enterprises with annual turnover of more than USD 1 million, conduct a comprehensive quarterly/annual survey;
For enterprises with annual turnover less than USD 1 million, conduct quarterly/annual catalog sampling and questionnaire survey, then finally sort out the collected data and make estimations.
