1 2 3 www.ccxr.com.cn 4/ 5 6 3 2019
10 1,000 100 200 200 1 5.125% A 2 A 1 4 2 1 2 3 4 5 6 1912 2 1949 1949 1994 2004 8 2006 2018 2,943.88 64.02% 2019
5 1 2018 % 100.00 100.00 100.00 100.00 50.31 100.00 100.00 100.00 2018 118,192.72 212,672.75 148,835.96 195,418.78 2018 5,041.07 1,924.35 2018 GDP GDP 6.6% 0.2 2019 GDP 6.3% 1 GDP 2018 CPI PPI 60% 80% 2019
2019 2019 2016 2016 MPA MPA + MPA 2017 3~4 7 2018 1 2018 2 [2018]7 7 150% 120%~150% 2.5% 1.5%~2.5% 7 2018 4 6 2019
2018 9 2020 12 31 2020 2017 2017 8.68% 8.40% 7.12 7.64 2018 6.27% 5.89% 2017 2012 2015 2016 2017 2018 2016 2017 2016 2.22% 2015 0.32 2017 2.10% 2016 0.12 2018 2018 2.18% 2016 1.65 2015 3.54% 2015 1.11 13.38% 2017 1.75 2016 5.99% 12.56% 2018 1.83 2017 4.72% 11.73% 2016 1.51 2015 0.24 1.74% 2015 0.07 2017 1.71 2016 0.19 2018 2018 2.03 2017 0.32 1.83% 2017 0.09 2016~2018 176.40% 181.42% 186.31% 7 2019
2016 MPA MPA 2016~2018 13.28% 13.65% 14.20% 2018 2019 2019 1 2019 2 2019 3 2019 8 2011 2018 64.02% 2018 548 24,322 2018 683.06 30% 2016~2018 4,836.30 4,832.78 5,041.07 2.10% 2018 41.91% 34.35% 15.35% 2019
5.05% 2 2016~2018 % 2016 2017 2018 4,190.61 86.65 4,359.54 90.21 4,618.22 91.61 2,101.82 43.46 2,044.07 42.30 2,112.65 41.91 1,502.85 31.07 1,590.56 32.91 1,731.66 34.35 585.94 12.12 724.91 15.00 773.91 15.35 247.22 5.11 317.94 6.58 254.66 5.05 398.47 8.24 155.30 3.21 168.19 3.34 4,836.30 100.00 4,832.78 100.00 5,041.07 100.00 2018 548 24,322 2018 3,920.22 913.28 235.27 77.76% 18.12% 4.67% 3 2016~2018 % 2016 2017 2018 3,659.94 75.68 3,697.91 76.52 3,920.22 77.76 1,017.32 21.03 956.04 19.78 913.28 18.12 776.50 16.06 611.23 12.65 578.99 11.49 191.78 3.97 225.42 4.66 235.27 4.67-32.74-0.68-46.59-0.96-27.70-0.55 4,836.30 100.00 4,832.78 100.00 5,041.07 100.00 2016~2018 2,101.82 2,044.07 2,112.65 43.46% 42.30% 41.91% 2016~2018 69,932.13 73,837.74 79,324.13 9 2019
6.50% 54.04% 54.07% 53.30% 4 2016~2018 2016 2017 2018 69,932.13 73,837.74 79,324.13 % 54.04 54.07 53.30 65,689.69 69,727.01 73,475.98 % 65.87 63.99 62.17 2016~2018 65,689.69 69,727.01 73,475.98 5.76% 5 2016~2018 65.87% 63.99% 62.17% 2018 22.79% 20.64% 16.09% 12.46% 8.83% 2018 + % 2016 2017 2018 16,329.12 24.86 16,851.79 24.17 16,743.40 22.79 13,136.93 20.00 15,570.95 22.33 15,163.54 20.64 9,887.73 15.05 10,567.55 15.16 11,824.11 16.09 7,510.35 11.43 8,209.22 11.77 9,157.93 12.46 5,191.61 7.90 5,998.96 8.60 6,488.49 8.83 4,260.23 6.49 2,855.98 4.10 3,984.78 5.42 3,527.06 5.37 3,383.16 4.85 3,203.69 4.36 1,933.18 2.94 2,072.01 2.97 2,393.97 3.26 1,596.60 2.43 1,609.41 2.31 1,678.11 2.29 1,073.72 1.64 1,174.19 1.68 1,259.17 1.71 1,243.16 1.89 1,433.79 2.06 1,578.79 2.15 65,689.69 100.00 69,727.01 100.00 73,475.98 100.00 5.95 3.99 2018 2018 4.63 10 2019
SWIFT GPI SWIFT 2018 178 1,600 2018 117 1,462 CIPS 251 QFII/RQFII 2018 2018 3,042 12.26% 38 5.27% 2018 501.19 49.59 10.98% 2,211.58 289.18 15.04% 1.5 500 2016~2018 1,502.85 1,590.56 1,731.66 7.34% 31.07% 32.91% 34.35% 11 2019
25 39 2016~2018 55,607.86 58,312.28 64,224.70 7.47% 42.98% 42.69% 43.15% 6 2016~2018 2016 2017 2018 55,607.86 58,312.28 64,224.70 % 42.98 42.69 43.15 34,043.93 39,238.57 44,400.85 % 34.13 36.01 37.57 2016~2018 34,043.93 39,238.57 44,400.85 14.20% 34.13% 36.01% 37.57% 2018 7,993 1,082 44 2018 1.4 2018 5.26 8.85% 1.11 14.03% 2018 5.94 40.78% 1.62 8.33% 0.28 7.78% 19 Visa 3D 2016~2018 585.94 724.91 773.91 12 2019
12.12% 15.00% 15.35% 2018 14,055.34 32.54% 25.84% 55.62% 18.54% 2018 23,434.76 21.72% 73.87% 13.96% 12.16% 7 2016~2018 2016 2017 2018 5,824.34 4,850.57 3,631.76 4,839.29 4,865.59 7,817.61 1,101.19 888.40 2,605.97 11,764.82 10,604.56 14,055.34 14,205.27 14,252.62 17,312.09 1,864.17 2,416.92 3,272.49 1,163.75 2,584.00 2,850.18 17,233.19 19,253.54 23,434.76 2016~2018 39,728.84 45,547.22 50,545.51 21.89% 23.40% 23.77% 2016~2018 38,605.72 44,331.33 48,685.93 97.17% 97.33% 96.32% 2018 59.76% 3.82% 9.60% 13.28% 6.82% 1,600 2018 63.73 2018 39,786.36 7,402.06 1,928,53 1,428,56 78.71% 14.64% 3.82% 2.83% 8 2016~2018 % 2016 2017 2018 23,474.25 59.08 27,807.32 61.05 30,207.31 59.76 1,421.16 3.58 1,562.27 3.42 1,931.03 3.82 3,897.74 9.81 5,192.45 11.40 4,849.92 9.59 5,104.15 12.85 5,141.48 11.29 6,713.94 13.29 3,108.42 7.83 3,039.75 6.68 3,447.46 6.82 1,600.00 4.03 1,588.06 3.49 1,536.27 3.04 38,605.72 97.17 44,331.33 97.33 48,685.93 96.32 1,123.12 2.83 1,215.89 2.67 1,859.58 3.68 39,728.84 100.00 45,547.22 100.00 50,545.51 100.00 13 2019
9 2016~2018 2016 2017 2018 14 % 30,009.35 75.54 35,306.73 77.52 39,786.36 78.71 6,194.20 15.59 6,453,39 14.17 7,402.06 14.64 1,534.60 3.86 1,853.68 4.07 1,928,53 3.82 1,990.69 5.01 1,933,42 4.24 1,428,56 2.83 39,728.84 100.00 45,547.22 100.00 50,545.51 100.00 2018 640.58 184.83 2018 16.07 2018 472.00 120.45 2018 7.06 2018 7,692 4,011 1,876 2018 40.60 30.20 2018 9.73 2018 85.63 40.02 2018 23.44 0.21 2018 1,324.15 83.17 2018 8.54 70 30 2018 126.06 39.69 2018 60.50 2.05 2018 148.05 12.91 2018 72.04 0.35 2018 1,162.99 612.64 2018 38.92 2018 438.61 2018 211.72 101.07 2018 2.34 2019
2018 55 92 17 2018 182.56 41.99 2018 6.20 15 2019
2019 16 2018
2019 17 +
RACA KRI LDC 18 2004 2018 96.51% 64.02% 10 2018 % 64.02 27.82 2.92 0.61 0.36 0.22 MUFG Bank,Ltd. 0.18 005L FH002 0.14 0.13 50 0.11-96.51 2019
2019 19 2018 14 3 5 5 2018 62 3 1 A
2019 20 2018 10,726 38 35310,334 467 5482018 310,119 285,797 274,263 24,322 4 9 2019 2019 10%
2016 2017 2018 2016~2018 1 167,673.48 183,601.40 188,864.86 6.13% 2018 2016~2018 2 3.38% 3.39% 3.64% 2018 4.22% 3.21% 2.27% 0.31 0.13 0.09 2016~2018 5,661.39 6,226.16 6,879.00 10.23% 2016~2018 1 2 1 154,305.66 168,554.54 176,960.78 2016~2018 2 1.69% 1.69% 1.85% 2018 1.63% 2.51% 3.74% 0.11 0.34 0.09 2016~2018 2,600.91 2,842.27 3,281.94 2016~2018 1.83% 1.84% 1.90% 3,060.48 3,383.89 3,597.06 8.41% 2016~2018 886.64 886.91 872.08 2018 1.67% 2016~2018 451.48 121.55 186.79 2016 2016~2018 18.34 22.89 6.54 2018 71.43% 2016~2018 62.21-23.34-45.74 2016~2018 357.15 440.88 424.34 2016~2018 3 67.98 128.39 124.60 2016~2018 1,486.65 1,136.40 1,144.27 32.69% 25.14% 24.13% 3 = - 21 2019
2016~2018 4,547.13 4,520.29 4,741.33 2016~2018 1,358.20 1,369.63 1,416.10 28.08% 28.34% 28.09% 2016~2018 3,068.06 3,062.54 3,363.90 / 2.80% 2.61% 2.69% 2016~2018 867.95 840.25 1,079.05 28.29% 27.44% 32.08% 2016~2018 1,840.51 1,849.86 1,924.35 2.25% 12.94% 12.08% 11.66% 1.05% 0.98% 0.94% 11 2016~2018 % 2016 2017 2018 3.38 3.39 3.64 1.69 1.69 1.85 1.64 1.68 1.63 1.83 1.84 1.90 12 2016~2018 2016 2017 2018 3,060.48 3,383.89 3,597.06 1,486.65 1,136.40 1,144.27 4,547.13 4,520.29 4,741.33 3,068.06 3,062.54 3,363.90 2,224.12 2,229.03 2,296.43 383.61 379.17 372.08 1,840.51 1,849.86 1,924.35 / % 1.75 1.63 1.65 / % 2.80 2.61 2.69 % 12.94 12.08 11.66 % 1.05 0.98 0.94 13 2018 % 21.10 23.16 24.13 17.06 13.32 13.50 11.66 13.06 1.11 1.13 0.94 0.93 23.91 26.42 28.09 31.27 2018 23.77% 54.15% 11.32% 6.61% 2018 50,545.51 10.97% 96.32% 2018 22 2019
1,859.58 3.68% 1.01 2018 925.27 2018 1,669.41 5.35% 3.19 1.42% 0.03 2018 1.87% 2018 22.79 181.97% 14 2016~2018 % 2016 2017 2018 95,167.29 95.43 104,210.64 95.64 112,783.79 95.68 3,106.30 3.11 3,170.25 2.91 3,423.63 2.90 612.47 0.61 592.65 0.54 497.88 0.42 368.17 0.37 454.04 0.42 493.41 0.42 479.39 0.48 538.00 0.49 678.12 0.58 99,733.62 100.00 108,965.58 100.00 117,876.83 100.00 1,460.03 1,584.69 1,669.41 1.46 1.45 1.42 15 2018 % 2,350.84 2,008.81 1,669.41 1,900.02 1.52 1.46 1.42 1.59 4,131.77 4,185.69 3,035.08 4,791.43 175.76 208.37 181.97 252.18 2018 / 3.6% 0.2 / 15.2% 2.1 16 2016~2018 2018 43.12% 10.45% % 2016 2017 2018 / 2.3 3.8 3.6 / 14.2 17.4 15.3 23 2019
17 2016~2018 % 2016 2017 2018 29.22 31.64 30.84 20.31 18.09 15.59 40.03 40.47 43.12 10.44 9.80 10.45 100.00 100.00 100.00 2018 78.68% 1.11 2018 53.30% 43.15% 48.65% 2018 14,055.34 32.54% 6.61% 1.16 23,434.76 21.72% 11.99% 1.23 2018 / 59.98% 4.90 2018 50,545.51 10.97% 86.46% 2018 29.36% 0.66 2018 / 79.41% 0.37 2018 / 46.94% 86.36% 18 2017~2018 % 2017 2018 73,837.74 54.07 79,324.13 53.30 39,552.06 28.96 41,789.62 28.08 32,133.75 23.53 35,070.71 23.56 2,151.93 1.58 2,463.80 1.66 58,312.28 42.69 64,224.70 43.15 26,134.09 19.13 29,356.61 19.72 30,602.45 22.41 31,482.65 21.15 1,575.74 1.15 3,385.44 2.28 3,774.60 2.76 2,878.08 1.93 654.62 0.48 2,409.05 1.62 136,579.24 100.00 148,835.96 100.00 24 2019
2017 2018 600 800 2018 11.41% 14.97% 0.26 0.78 19 2016~2018 % 2016 2017 2018 12,808.41 13,560.88 14,657.69 16,095.37 17,253.30 19,223.50 11.37 11.15 11.41 14.28 14.19 14.97 8.19 8.10 8.11 2019 4 1,000 1 2 3 4 5 6 A 2018 54.15% 23.77% 2018 76.16% 43.15% 44.71% AAA 2019 AA + 25 2019
2019 6 26 2019
2018 12 31 2018 12 31 % 64.02 27.82 2.92 0.61 0.36 0.22 MUFG Bank,Ltd. 0.18 005L FH002 0.14 0.13 50 0.11-96.51 27 2019
2018 12 31 37.14% 28 2019
2016 2017 2018 2,349,188 2,303,020 2,407,808 1,176,482 1,060,456 1,405,534 3,972,884 4,554,722 5,054,551 9,973,362 10,896,558 11,819,272 237,716 252,254 303,781 9,735,646 10,644,304 11,515,764 310,630 317,025 342,363 146,003 158,469 166,941 18,148,889 19,467,424 21,267,275 11,269,592 12,157,771 12,841,526 12,939,748 13,657,924 14,883,596 867,094 1,035,797 907,521 1,723,319 1,925,354 2,343,476 362,318 499,128 782,127 16,661,797 17,890,745 19,541,878 1,487,092 1,576,679 1,725,397 306,048 338,389 359,706 88,664 88,691 87,208 6,221 2,334 4,574 1,834 2,289 654 45,148 12,155 18,679 6,798 12,839 12,460 148,665 113,640 114,427 454,713 452,029 474,133 135,820 136,963 141,610 306,806 306,254 336,390 86,795 84,025 107,905 222,412 222,903 229,643 184,051 184,986 192,435 29 2019
2016 2017 2018 % 9.17 9.26 8.47 11.54 8.54 5.35 18.46 6.12 20.43 7.93 7.27 9.25 9.54 6.02 9.43 10.32 5.55 8.97 6.88 10.57 6.30 7.18 0.18 9.84 2.58 0.51 4.03 % 1.83 1.84 1.90 / 2.80 2.61 2.69 / 1.75 1.63 1.65 12.94 12.08 11.66 1.05 0.98 0.94 1.68 1.58 1.54 32.69 25.14 24.13 % 28.08 28.34 28.09 0.85 0.78 0.68 % 11.37 11.15 11.41 14.28 14.19 14.97 8.19 8.10 8.11 % 1.46 1.45 1.42 / 4.57 4.36 4.32 / 212.76 200.05 205.08 162.82 159.18 181.97 / 52.06 53.05 59.65 / 8.46 8.66 8.23 / 2.38 2.31 2.57 / 2.3 3.8 3.6 / 14.2 17.4 15.3 % / 29.87 28.70 29.36 / 77.08 79.78 79.41 / 74.77 78.46 79.40 / 53.64 54.68 54.15 / 81.42 79.79 78.68 / 13.60 10.92 10.40 1 2 30 2019
+ + + /+ + + + + + ++ + + / /[+ /2] /[ + /2] /[+/2] /[+/2] / =+ / /[+/2] + / / / + + + + + ++ + 31 2019
AAA AA A BBB BB B CCC CC C AAA CCC + - AAA AA A BBB BB B CCC CC C AAA CCC + - 32 2019