November 7 to November 11, 2022

The CICDC presented a virtual course on Balance Sheet Approach from November 7 to November 11, 2022. The course was delivered by staff from the IMF’s Statistics Department. 60 participants and 30 observers from People's Bank of China and State Administration of Foreign Exchange attended the course. The course presented a user-friendly tool developed by the department to automatically combine monetary, government, and balance of payment data reported to the Statistics Department to create a distribution of claims and liabilities on a from-whom-to-whom basis — an extremely useful tool for macro-financial analysis. The course was highly received by the participants.