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Monday, February 12, 2001, updated at 14:12(GMT+8)

Year-End Review
South China Port Reports Record High Foreign Trade Volume

Export and import volume in south China's Zhuhai special economic zone, a border city neighboring Macao, had totaled 9.17 billion US dollars last year, the record high in history and up 45.8 percent than the previous year.

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South China Port Reports Record High Foreign Trade Volume
Export and import volume in south China's Zhuhai special economic zone, a border city neighboring Macao, had totaled 9.17 billion US dollars last year, the record high in history and up 45.8 percent than the previous year.
 


Hong Kong Saw Fast Development in Bond Market
The bond market of Hong Kong has experienced a rapid development with steady rise in the issuing volume of bonds. Varieties in the market soared while the structure of maturity tends to rationality.
 


China's Island Province Has Booming Economy
The past five years have been a "golden period" for the economic and social development of Hainan, the southern-most province and second largest island in China after Taiwan.
 


Real Estate Prices in Major Chinese Cities Up
The latest survey showed that real estate price in 35 major cities in China increased in the fourth quarter of last year.
 


Ningxia's Foreign Trade Hits Record High
The Ningxia Hui Autonomous Region, northwest China, reported a record high foreign trade volume of US$459 million for 2000.
 


Beijing Sees 40% Foreign Trade Rise
The export volume of Beijing amounted to US$4.627 billion in 2000, up 41.8 percent over the year before, representing a record high.
 


Oil Exporter Profits in 2000
Dalian West Pacific Petrochemical Co Ltd. (WEPEC), a money loser two years ago, has become one of the biggest exporter of oil products in China, according to China Daily.
 


China's Consumer Price Index Slightly Up
China's consumer price index rose slightly by 0.2 percent in the first 11 months of 2000, according to the latest figures from the National Bureau of Statistics (NBS).
 


China's Steel Production Rises
China's steel production rose 0.2 percent in the first 11 months of 2000 to 115.21 million tons, according to the latest figures from the National Bureau of Statistics (NBS).
 


China's Real Estate Sector Grows Strongly
China's real estate sector posted a strong growth in the first 11 months of 2000, according to the latest figures from the National Bureau of Statistics (NBS).
 


Tibet's Economy Grows Rapidly
In the wake of China's national drive to speed up the development of western China, Tibet Autonomous Region recorded rapid economic growth last year.
 


Shanghai's Industrial Economy Continues Big Growth
Shanghai's industrial economy has witnessed a big growth for years on end. In 2000, its industrial added value reached 199.2 billion yuan, up by 10.5 percent over 1999.
 


China Sees Increasing Foreign Exchange Deposits
China's outstanding amount of foreign exchange deposits reached US$128.26 billion at the end of 2000, up 24.3 percent over the previous year, according to statistics released Friday by the People's Bank of China, the central bank.
 


Agricultural Bank Sees Sharp Rise in Housing Loans
The Agricultural Bank of China (ABC) saw a sharp rise in individual housing loans in 2000, with the total outstanding amount of such loans hitting 40.8 billion yuan, 3.5 percent of ABC's total assets.
 


100 Billion Yuan of Tobacco Taxes Accrued to Treasury
China's tobacco industry is lately reported to have achieved a 10.9 percent increase in output and sales amount and realized a tax revenue of 105 billion yuan in reversing the downturn trend for the 4th straight year.
 


Xiamen Customs Reports Higher Revenue in 2000
Xiamen Customs, in east China's Fujian Province, harvested a customs revenue of 6.02 billion yuan (US$725 million) in 2000, up 26.33 percent over the previous year.
 


China Uses More Overseas Investment in 2000
China approved the establishment of 22,532 overseas-funded enterprises in 2000, up 31.76 percent over the previous year, according to the Ministry of Foreign Trade and Economic Cooperation.
 


China Generates Over 1000 Billion KWH of Electricity in 2000
China generated 1,350 billion kilowatt-hours (kwh) of electricity and consumed 1,326 billion kwh in 2000, up 9.5 percent and 9.7 percent respectively on an annual basis, said Gao Yan, president of the China State Power Corporation (CSPC) Wednesday.
 


Oil Giant Reports Soaring Profit
The China National Petroleum Corporation (CNPC) earned a net profit of 60 billion yuan (about US$7.2 billion) in 2000, up a year-on-year 240 percent, sources with the CNPC announced Monday, January 15.
 


China's 2000 Interbank Forex Trade Stable
China's Interbank foreign exchange trading volume for 2000 reached US$42.17 billion, according to the latest figures released by the Shanghai-based China Foreign Exchange Trade System.
 






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