Brief introduction on 2009 external debts

By the end of 2009, the nation’s balance of external debt remained at $428.647 billion (excluding that of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Hong Kong, Macao and Taiwan), in which registered debts accounts for $266.947 billion and trade credit at $161.7 billion.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

On comparable basis, long and mid term debt is about $169.388 billion, or 39.52 percent of the balancing, while short term debt stands for $259.259 billion, or 60.48 percent of amid the balance, which is proportioned with trade credit at 161.7 billion dollars, and registered debt at 97.559 billion dollars, or by 37.63 and 22.76 percent of the balance respectively.

Over registered debt, sovereign debts account for $36.855 billion, or 13.81 percent overall, which loaned to the State Council subsidiaries; state-owned financial sectors for $94.079 billion, or 35.24 percent; foreign enterprises at $93.181 billion, or 34.91 percent; domestic foreign financial sectors for $38.34 billion, or 14.36 percent and state-based firms for $4.184 billion or 1.57 percent. Other institutions take the rested 0.308 billion dollars or 0.11 percent.

In 2009, the country had new loans in long and mid terms of $22.445 billion, decreased by 38.18 percent or $13.862 billion year on year, effecting payment for the principles by $34.186 billion up 46.78 percent at $10.895 billion and payment for relative interest by $3.629 billion, down by 12.64 percent at $0.525 billion.

By preliminary calculation, in 2009 the proportion payable for external debts is about 2.87 percent with ratio of rights at 32.16 percent and ratio of liabilities at8.73 percent. Short term debt is leveled at 10.81 percent against the exchange reserves, within the limitation of the world standard.