Measures for Reporting Balance of Payments Statistics Article 2 The scope of reporting balance of payments statistics includes all economic transactions between China residents and non-China residents. Article 6 The statistical declaration of balance of payments shall be based on the principle of the declaration of the transaction subject, and the methods of combining indirect declaration with direct declaration, and combining individual declaration with regular declaration shall be adopted. Article 7 China residents shall declare their international payments in a timely, accurate and comprehensive manner. Article 8 Domestic residents who conduct transactions with overseas residents through domestic financial institutions shall report the transaction contents to the State Administration of Foreign Exchange or its branches through such financial institutions.