The Top 10 Data of China's Macoreconomy in 2004

Resource from: cbcc Likes:2981

Jan 05,2005

The following 10 data chosen by Xinhua News Agency can be regarded as the most representative ones in China's Macroeconomy 2004: 1. GDP up 9%, the whole nation pay more attention on stable and sustainable development. 2. Total foreign trade hit $1100 billion, ranked third in the world; but we are still not a great power on trade. 3. Financial revenue up by RMB500 billion, lots of which were used to strengthen the domestic economy. 4. Deposit interest rate up 0.27 percent, which just satisfied people psychologically without any practical significance. 5. Revenue up by RMB500 billion; we still have much to do on reformation of revenue system. 6. Number of new job in 2004 hit 9 million; the contradiction that labour supply exceeds demand can't be solved completely. 7. Shanghai Index over 1300 points serveral times, stock market in China can't reflect economy correctly. 8. Grain output exceed 455 billion kilograms; but we still need more than 10 billion kilograms to satisfy ourselves. 9. 4813 various developing zone' founding plan be stopped; even so the usable land area will be compact in 2005. 10. Electricity output reach 50 million kilowatts, there will be a overheated crisis for the electricity industry in future.

(cbcc)

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