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2000 Top 10 Investment News Reports Appraised
The top 10 investment news reports of 2000 chosen and made public by experts and personnel with expertise from relevant fields and leading state departments in China are as follows:
1. The central authorities decided on the strategy for Western China's development, moving natural gas and transmission of electricity east from the west, as projects now under construction in Guizhou and some other Western China provinces;
2. An additional amount of RMB$150 billion yuan of treasure bonds issued upon approval of the NPC Standing Committee;
3. RMB$96.2 billion yuan of investment put in place for protection of China's natural forest resources;
4. Shanghai Baosteel had its RMB$62.34bn-yuan third-phase project put into production;
5. The 1262km-long trunk line Beijing-Shanghai Expressway opened to traffic;
6. Minsheng Bank as China's first civilian-run commercial banking group got listed;
7. A record amount of RMB$141.7 billion yuan of home funds raised from stock markets;
8. China Unicom, PetroChina and China National Petrochemical Corporation successfully entered international capital market and had US$4.92 billion, US$2.89 billion and US$3.464 billion of funds raised respectively.
9. US$4.6 billion of microelectronics investment made by enterprises in Beijing and Shanghai in developing homegrown chips.
10. RMB$46 billion yuan of investment made in cleaning up Beijing's environment, air, water, solid castoffs and industrial pollution.
By PD Online staff Deng Gang
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