The difference between operating items and capital items

The biggest difference between current account and capital account lies in their different meanings.Current account refers to the transaction items frequently occurring in the balance of international payments, mainly including trade payments, service payments and unilateral transfers.Capital account refers to the increase and decrease of foreign exchange assets and liabilities caused by capital input and output in international balance of payments, including direct investment, all kinds of loans and securities investment.2. In a sense, the current account refers to the transaction items frequently occurring in the balance of payments.Capital account refers to the increase and decrease of foreign exchange assets and liabilities caused by capital input and output in international balance of payments.1. The characteristics of capital account liberalization are as follows: (1) Users have more ways to obtain foreign exchange, which can be obtained through current account and capital account transactions;(2) Users have a bigger say on foreign exchange. Foreign exchange obtained through current account and capital account can be sold to banks or held at home or abroad.(3) Users are no longer subject to strict restrictions on access to foreign exchange, and can purchase foreign exchange for current account and capital account transactions in relevant markets;(4) Domestic and overseas users can freely hold the legal tender of their country in and outside China, so as to meet the needs of asset development.2. Foreign exchange income under current account includes: (1) foreign exchange income from export or transit goods and other transactions;(2) Foreign exchange income from international bidding under overseas loans;(3) Foreign exchange income from domestic duty-free commodities under the supervision of the Customs;(4) Foreign exchange income from commodities or services provided by transportation (including various modes of transportation) and ports (including seaports and airports), post and telecommunications (excluding international exchange), tourism, advertising, consulting, exhibition, consignment, maintenance and other industries and all kinds of agency business;(5) foreign exchange fees, fines and confiscations of income of administrative and judicial organs;