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STATISTICAL COMMUNIQUE OF THE
PEOPLE'S REPUBLIC OF CHINA
ON THE 2000 NATIONAL ECONOMIC AND
SOCIAL DEVELOPMENT
NATINAL BUREAU OF STATISTICS
PEOPLE'S REPUBLIC OF CHINA
February 28, 2001
In 2000, under the correct
leadership of the Central Party Committee and the State Council,
governments at all levels implemented in real earnest a series of policies
aiming at expanding domestic demand, as well as the pro-active financial
policy and the solid monetary policy. Due attention was focused on cultural
and ethical progress. With the joint efforts made by people of all
nationalities, national economic and social development achieved new
progress; various targets of development and reforms were met. The main
tasks of the "Ninth-Five-Year" program were fulfilled in an all
round way.
I. General Outlook
Economic growth speeded up with
enhanced comprehensive strength. According to preliminary estimation, the
gross domestic product (GDP) of the year was 8,940.4 billion yuan, up by
8.0 percent over the previous year at comparable prices. This growth rate
was 0.9 percentage points higher than that in 1999. The growth of the
primary industry was 2.4 percent, and that of the secondary industry was
9.6 percent, and 7.8 percent growth for the tertiary industry. At the
current exchange rate, the gross domestic product of China had topped 1,000
billion US dollars.
Market prices were stable. The
consumer price level of the year was up by 0.4 percent over the previous
year, reversing the trend of declining for consecutive two years starting
from 1998. Analyzed by category of commodities, the prices for service
items went up by 14.1 percent, and 4.8 percent growth for housing. Except
the price rise for aquatic products and vegetables, prices for food
continued to decline. On the other hand, influenced by price rise of
petroleum on the international market, the ex-factory price of manufactured
goods rose by 2.8 percent, and the purchasing price for energy, raw
materials and power went up by 5.1 percent.
Work on employment was further
strengthened. By the end of 2000, the total of employed people in China
numbered 711.50 million, or 5.64 million more than at the end of 1999. Of
this total, 212.74 million were employed in urban areas, an increase of 2.6
million persons over that at the end of 1999. New progress was made in the
implementation of reemployment project. By the end of 2000, the number of
laid-off workers of state-owned enterprises was 6.57 million, an increase
of 47,000 persons as compared with that at the end of 1999. In the year
2000, about 3.61 million laid-off workers found new jobs through various
measures. By the end of 2000, the urban unemployment rate through
unemployment registration was 3.1 percent.
China's balance of payment was in
good position and the foreign exchange reserves continued to increase. The
utilization of foreign capital was stable. The actually utilized foreign
direct investment of the year was 40.7 billion US dollars, an increase of
400 million US dollars over the previous year. The size of favorable
balance of foreign trade was narrowed down. The trade surplus of the year
was 24.1 billion US dollars, a decrease of 5.1 billion US dollars over the
previous year. Foreign exchange reserves continued to increase. By the end
of 2000, foreign exchanges reserves reached 165.6 billion US dollars, an
increase of 10.9 billion US dollars as compared with that at the beginning
of the year. The exchange rate of RMB was stable. The exchange rate stood
at 1 US dollar = 8.2781RMB yuan at the end of the year, an appreciation of
12 basic points.
Economic efficiency improved
noticeably and the quality of economic performance was further
strengthened. Following consecutive years of high growth, tax income kept
fairly fast growth. The total tax collected as government income of the
year stood at 1,266.0 billion yuan, up by 22.8 percent, or an increase of
234.8 billion yuan over the previous year. Profits made by industrial enterprises
increased by a large margin. The profits made by industrial enterprises
above designated size reached 426.2 billion yuan, hitting the record since
1990s, or up by 86.2 percent over the previous year. In particular, the
profits made by state-owned and state-holding enterprises increased by a
fast speed with its profits made reaching 239.2 billion yuan, or 1.4 folds
increase. The total losses by state-owned and state-holding loss-suffering
enterprises were down by 26.7 percent over the previous year. The overall
efficiency index for industrial enterprises was 117.8 percent, or 16.1
percentage points higher than the figure for the previous year,
representing the highest level since 1992.
Major problems that remained in
economic performance and social development included: the still prominent
irrational economic structure as was reflected by the unsound base for
economic pick-up, and the incomplete system of sustained social demand; the
difficulties in life condition for some people due to the slow increase of
farmers' income and the high pressure for employment; the tough task in
transforming the operational system of state-owned enterprises in issues
such as the lack of capability in innovation and in accommodating to the
market demand of enterprises and the operational difficulties encountered
by some enterprises; and the need for improvement in social and economic
order to reduce the frequent occurrence of serious accidents and to fight
against the production and selling of shoddy products on markets.
II. Agriculture
Structural adjustment for
agricultural production was enhanced. Thanks to the consecutive four years
of bumper harvest during the "Ninth-Five-Year" program period
with the balanced supply and demand, there was surplus of agricultural
products. Therefore, every region made vigorous adjustment of the structure
of cultivation in the aim of meeting the need of markets. The sown areas of
cash crops increased, its share in the total sown areas of farm crops was
over 30 percent for the first time.
The output of grain decreased by
a large margin while the product mix was further optimized. Influenced by
severe droughts and structure adjustment of sown areas, the total output of
grain for the whole year was 462.51 million tons, down by 9 percent over
the previous year. Of this total, the output of summer grain was 107.50
million tons, down by 9.3 percent; that of early rice was 37.47 million
tons, down by 8.5 percent; and that of autumn grain was 317.54 million
tons, down by 9 percent.
Of the major cash crops, the
output of cotton and oil-bearing seeds increased, and that of sugar
decreased. Since the domestic textile industry was turning for the better,
the demand of cotton increased, resulting in picking up of prices for
cotton. Farmers were enthusiastic in planting cotton, the sown areas of
cotton increased by 300,000 hectares over the previous year, up by 8.1
percent. The total output of cotton for the whole year was 4.35 million
tons, up by 13.6 percent over the previous year. The output of oil-bearing
seeds was 29.50 million tons, up by 13.4 percent. The sown areas of sugar
decreased, the output of sugar was 74.50 million tons, down by 10.6 percent
over the previous year.
With the structural adjustment,
the production of vegetables grew at fast speed. The total sown areas for
the whole year reached 14.70 million hectares, up 10.1 percent over the
previous year. The product mix of vegetables was further optimized with
more quality, special and fine products.
Steady progress was seen in
animal husbandry industry. Due to large price decrease for feedstuff and
comparatively stable prices for pigs since its pick-up in the second half
of 1999, the economic return of pig raising was increased, the production of
pig was stable. The production of beef, mutton and poultry kept fast
growth. The total output of meat reached 62.70 million tons, up by 5.4
percent.
Fishery industry developed
stably. The total output of aquatic products for the whole year stood at 42.90
million tons, up by 4.1 percent.
Forestry production kept its
momentum of development due to the initiation of natural forest protection
project and strengthened grain for green campaign in the west. The total
afforested area in 2000 was 5.16 million hectares, of this total, that of
grain for green was 710,000 hectares, up by 5.3 percent and 9.2 percent
respectively.
Farmland irrigation construction
was further enhanced. Over 800,000 hectares of land were converted into
farmland with effective irrigation system.
III. Industry and Construction
Fast growth was registered in
industrial production. In 2000, the total value-added of the industrial
sector was 3,957.0 billion yuan, up by 9.9 percent over the previous year.
The value-added of state-owned and state-holding industrial enterprises and
those non-state-owned industrial enterprises with an annual sales income
over 5 million yuan (referred to as industrial enterprises above designated
size hereafter) was 2,368.5 billion yuan, up by 11.4 percent. Of this
total, the value-added created by state-owned enterprises and
joint-ownership enterprises where state held the controlling share was
1,403.2 billion yuan, up 10.1 percent, representing the highest growth
since 1994. The value-added of collective enterprises was 330.1 billion
yuan, up 7.4 percent; of joint-stock enterprises, 495.4 billion yuan, up
14.5 percent; of enterprises invested by foreigners or investors from Hong
Kong, Macao and Taiwan, 533.3 billion yuan, up 14.6 percent. In terms of
light and heavy industry, the value-added of light industry was 950.6
billion yuan, up by 9.5 percent, and that of heavy industry was 1,417.9
billion yuan, up by 13 percent. Production and marketing situation
continued to improve, the sales ratio of industrial enterprises above
designated size was 97.71 percent, up by 0.46 percentage points.
Industrial structural adjustment
made significant progress. Fast growth was registered in the production of
those products that enjoyed high technology and added value. The output of
new industrial products was up 26.3 percent over the previous year.
Manufacturing of electronic and telecommunications products became the
first pillar of the industry. The production capacity of equipment
manufacturing industry improved to some extent: about 70 percent equipment
needed by the new rail transportation projects in cities was purchased
domestically. The environment protection facilities continued using
domestic products. The production of metal cutting machines was up 34.3
percent over the previous year; electric tools, up 37.1 percent; smelting
machines, up 9.2 percent; chemical equipment, up 4.4 percent; air pollution
protection equipment, up 6.2 percent. The close of small coal mines and the
reduction of coal production in coal industry achieved progress. The prices
for coal were stable with the trend of picking up. As a result, the total
losses of coal industry shrunk by a large margin. Active progress was seen
in controlling the total production by metallurgy industry. The output of
steel for the whole year grew with slow speed and the prices for steel rose
up with significant improvement of profits made. The sugar-refining
industry, which suffered from losses for consecutive four years, had turned
loss into profits through optimizing the structure of planting areas,
adjusting and cutting down the outdated production capacity. Some 150 sugar
refineries were closed, cutting sugar production capacity by 2.73 million
tons. Undergoing three years of adjustment, the textile industry witnessed
fast growth of profits in 2000, following the previous year's making up of
the deficit.
The targets set for the reform of
state-owned enterprises (SOEs) and lifting those enterprises out of
difficulty had been met. Modern enterprises system was initially set up in
most of the large and medium-sized SOEs. In particular, some large
enterprises and enterprise groups were merged and reorganized according to
international conventions. They were successfully listed on the
international capital market. Measures such as reorganization, combination
and merging promoted the transformation of operating mechanism of small
SOEs and the improvement of their performance. Analyzed by region,
state-owned industry achieved overall deficit removing or profit making in
31 provinces, autonomous regions or municipalities directly under the
central government. Analyzed by industry, the same result was also achieved
by the end of 2000 in 12 industries out of the 14 major industries that
were under the state-monitoring program. Over 70 percent of the 6,599 large
and medium SOEs that were suffering from losses at the end of 1997 either
became profit-making or were merged or reorganized by the end of 2000.
The construction industry
developed steadily, and the economic efficiency was turning for the better.
In 2000, the value-added of construction enterprises was 591.8 billion
yuan, up by 6.2 percent over the previous year. The profits made by
construction enterprises at and above grade four reached 16.6 billion yuan,
up by 7.0 percent; the taxes turned over stood at 35.8 billion yuan, up by
5.4 percent. The total numbers of construction projects reached 680,716, of
which projects through bidding stood at 311,924, accounting for 45.8
percent of the total projects. The total floor space of buildings under
construction during the year was 1,551.75 million square meters, an
increase of 79.13 million square meters. Floor space of buildings completed
during the year was 738.35 million square meters, a decrease of 898,000
square meters. The numbers of loss-suffering enterprises of construction
industry were 9,553, or 134 less as compared with that in the previous
year. Loss suffering enterprises made up 19.2 percent of all construction
enterprises, 1.3 percentage points lower than the previous year.
Some 249 new mineral deposits
were discovered through national land resource survey and geological
surveys. Thirty-eight minerals were found to have increased (or
prospective) reserves, including 762 million tons of crude oil, 493.1
billion cubic meters of natural gas and 1,459 million tons of coal. There
were 31 geological environmental monitoring stations, which made successful
forecasts on 83 geological disasters.
VI. Investment in Fixed Assets
Investment in fixed assets kept
fast growth. Driven by central government's active fiscal policy and other
policies on expanding domestic demand, investment in fixed assets reversed
the trend of significant slow-down of the growth rate in the previous year
and showed the momentum of fast growth. The completed investment in fixed
assets of the country in 2000 was 3,261.9 billion yuan, representing an
increase of 9.3 percent over the previous year. In terms of different
economic entities, the investment of state-owned units and other type of units
was 2,328.4 billion yuan, up by 9.2 percent. That of collective units was
473.9 billion yuan, up by 9.2 percent over the previous year. The
investment of urban and rural residents was 459.6 billion yuan, up 9.5
percent. Analyzed by purposes, investment in capital construction was
1,321.5 billion yuan, up by 6.1 percent, that in technical updating and
transformation reached 507.7 billion yuan, up by 13.2 percent, and that in
real estate development was 490.2 billion yuan, up by 19.5 percent. Other
investment was 942.5 billion yuan, up by 7 percent.
Investment structure was adjusted
to some extent. Among the investment in basic industry and infrastructure
facilities, the investment in agriculture, forestry, animal husbandry,
fishery and water conservancy was 89.3 billion yuan, up by 8.0 percent.
Investment in transportation, posts and telecommunications was 539.2
billion yuan, up by 7.2 percent. Investment in industry speeded up; the
total complete investment for the whole year was 769.9 billion yuan, up by
9.3 percent. Some 6 high-tech industrialization key projects in the fields
of information technology, biological technology and new materials had
absorbed another 13.1 billion yuan worth of investment.
Due to the positive influence of
the west development strategies set by the central government, investment
in west areas increased rapidly. The investment in east and central areas
was 1,401.5 and 543.2 billion yuan respectively, or up by 8.3 and 13.8
percent accordingly. The investment in west areas was 394.3 billion yuan,
up by 14.4 percent, or 6.1 and 0.6 percentage points higher than that in
east and central areas.
The preferential fiscal policies
such as discount rate had spurred the investment in technical updating and
transformation of enterprises and structural optimization. The share of
investment in technical updating and transformation of the total investment
rose form previous year's 15.0 percent to 15.6 percent. Of the investment
in technical updating and transformation, the share of investment in saving
energy and raw materials rose from 4.4 percent to 4.9 percent. The share of
investment in improving product quality rose from 5.8 percent to 7.0
percent.
The newly-increased annual
production capacity in 2000 through capital construction projects included:
15.95 million tons of coal mining, 19.61 million tons of oil extraction,
and 3.3 billion cubic meters of natural gas extraction, 18.84 million
kilowatts of power generation by large and medium-sized generators, 69.31
million kilovolt-amperes of power transformer equipment each with a
capacity of or over 110,000 kilovolts. The year 2000 also saw the operation
of 153 kilometers of new trunk railways, 662 kilometers of double-track
railways, and 32,115 kilometers of newly constructed highways, including
4,562 kilometers of express highways; 29.46 million tons of cargo-handling
capacity of coastal harbors; 25.66 million gates of the installed capacity
of telephone switchboards; 300,000 kilometers of long distance
optical-fiber cables; installed capacity of switchboards capable of
accommodating 50.99 million digital cellular mobile phone
subscribers.
V. Education and Science
In 2000, education development
accelerated in the course of reform and adjustment. Higher education
developed fast with breakthrough in the reform of management system. There
were 1,041 general universities in China with 5.56 million enrolled
undergraduate students, including 2.21 million new entrants; and 772
institutions of adult higher education, with 3.54 million enrolled
students, including 1.56 million new entrants. There were 738 universities
or institutions that offered courses leading to postgraduate degrees, with
301,000 enrolled graduate students, including 129,000 new entrants. Senior
secondary education was enlarged. There were 12.01 million students
studying in 14,600 ordinary senior secondary schools including 4.73 million
new entrants, and 12.95 million students in secondary vocational or
technical schools of various types including 4.25 million new entrants.
Progress was achieved in the implementation of 9-year compulsory education
program and the targets set for eliminating illiteracy among the youth and
the mid-aged were basically met. The 9-year compulsory education programme
covered 85 percent of the total population, and the illiteracy rate of the
youth and the mid-aged was lower than 5 percent. Students enrolled in
junior secondary schools totaled 62.56 million, the new entrants stood at
22.96 million with an enrollment rate of 88.6 percent. Pupils enrolled in
primary schools numbered 130.13 million, and the new entrants were 19.46
million, with the enrollment rate of primary-school-age children being 99.1
percent. The drop-off rate of junior secondary school and primary school
students was 3.21 percent and 0.55 percent respectively. There were 378,000
students in special education schools, with 53,000 new entrants. There were
22.44 million kids in kindergartens. Adult technical training schools
offered courses to 96.42 persons. A total of 2.58 million people completed
basic literacy courses in 2000.
Scientific and technical
personnel developed steadily. By the end of 2000, China had 29.26 million
professionals and technicians of all specialization working in state-owned
enterprises and institutions, an increase of 0.75 percent over the figure
at the end of 1999. A total of 2.81 million people were engaged in
scientific and technological activities including 1.56 million scientists
and engineers.
New progress was achieved in
technical innovation. In 2000, the state organized 280 technical innovation
projects and 1,329 key pilot production projects of new products. Another
101 key projects concerning the development and approval of major technical
equipment were conducted. Cooperation between enterprises and universities
and scientific research institutions was further strengthened. In 2000,
some 4.6 million people from 400,000 enterprises and institutions
participated in 140,000 projects characterized by such type of cooperation.
Scientific and technological
undertakings made new achievements. In 2000, China gained 30,260 key
scientific results, including 2,420 results in the field of basic theories,
26,020 results in applied technologies and 820 results for soft science.
About 300 results received prizes from the state. A total of 170,690
applications for patent were received from domestic and overseas
applicants, while 105,344 patents were authorized, up 27.2 percent and 5.2
percent respectively. Markets for the transfer of technology became more
brisk. In 2000, a total of 265,000 contracts on the transfer of technology
were signed, involving a transaction value of 63.0 billion yuan, up by 20
percent over the previous year.
New headway was scored in space technology.
The year 2000 saw the successful launching of 6 satellites.
Further improvement was made in
technical services such as quality inspection, standardization, metrology
and weather forecast. By the end of 2000, there were altogether 5,500
institutions in China that were responsible for the inspection and
supervision of the quality of manufactured products, including 230 state
inspection centers. Surveys were conducted by authorized institutions to
check the quality of 9,705 kinds of products of 235 categories from 8,142
enterprises. There were 59 quality authentication institutions, of which 23
were product authentication institutions, which provided product
authentication service to 13,194 enterprises throughout the nation. There
were altogether 4,505 authorized measurement inspection institutions, which
enforced compulsory inspection on 40.69 million measuring instruments. A
total of 1,087 national standards of various types were formulated or
amended, including 196 state compulsory standards and 605 new state
standards. There were 951 urban and rural weather forecast service and
transmission stations, 315 satellite cloud map receiving stations, 1,234
seismology-monitoring stations and 27 remote monitoring network stations.
Some 20.70 million records of marine data were collected through 927 marine
monitoring spots. Surveying and mapping departments published 1,150 kinds
of maps and 364 kinds of books.
VI. Transportation, Posts and
Telecommunications and Tourism
Passenger and freight
transportation registered steady growth. Posts and telecommunications kept
fast development. The value-added of these sectors in 2000 was 491.9
billion yuan, an increase of 9.4 percent over the previous year.
Total volume of cargo transported
by various means was 4,365.9 billion ton-kilometers, up by 7.1 percent over
the previous year. Of this total, the cargo transportation by railways was
1,362.4 billion ton-kilometers, up by 6.1 percent; by highways, 597.3
billion ton-kilometers, up 4.4 percent; by waterways, 2,306.1 billion
ton-kilometers, up 8.5 percent; and by airways, 4.85 billion
ton-kilometers, up 14.6 percent.
The volume of passenger
transportation was 1,218.8 billion person-kilometers, an increase of 7.9
percent. Of this total, passengers carried by railways were 448.8 billion
person-kilometers, up by 8.5 percent; by highways, 660.0 billion
person-kilometers, up 6.5 percent; by waterways, 10.4 billion
person-kilometers, down by 3.1 percent; and by civil aviation, 99.6 billion
person-kilometers, up 16.2 percent.
Major coastal ports handled 1,280
million tons of cargo, up 21.7 percent. This included 520 million tons of
merchandise for foreign trade, up by 33.9 percent.
The business transactions of
postal and telecommunication services in 2000 totaled 472.5 billion yuan,
up 41.9 percent over the previous year. By the end of 2000, total capacity
of office exchanges reached 179 million gates. Mobile telephone users
numbered 85.26 million, an increase of 41.97 million over the previous
year. There were 20.1 telephones per 100 population in China, and 39
telephones per 100 urban inhabitants. Subscribers to CHINANET services
reached 9.00 million (excluding users of China science network and
education network).
Domestic tourism maintained fast
growth. The influence of the long holidays of Spring Festival, Labor's Day
and National Day was prominent. The year 2000 saw 744.45 million domestic
tourists, up by 3.5 percent over the previous year. Income from domestic
tourism stood at 317.6 billion yuan, up 12.1 percent.
International tourism developed
steadily. In 2000, China received 83.44 million tourists from overseas, up
by 14.6 percent. Of all tourists visiting China, 10.16 million were
foreigners, up by 20.5 percent; 73.21 million were Chinese compatriots from
Hong Kong, Macao and Taiwan, up 13.9 percent. Income of foreign exchange
from international tourism reached 16.2 billion US dollars, up 15.1
percent. A total of 10.47 million Chinese went abroad in the year 2000, up
by 13.4 percent over the previous year, including 5.63 million on their
private visits, up by 32 percent.
VII. Domestic Trade
With the acceleration of national
economic growth and the effective implementation of policies on expanding
domestic demand, consumers' confidence was strengthened. Commodity sales on
domestic market increased steadily. In 2000, the total retail sales of
consumer goods was 3,415.3 billion yuan, up 9.7 percent over the previous
year, with a real growth of 11.4 percent if price factor was deducted. Of
this total, the retail sales of consumer goods in urban areas reached
2,111.0 billion yuan, and the retail sales of consumer goods at and below
county level was 1,304.3 billion yuan, up by 10.6 and 8.3 percent
respectively. In terms of different industries, the sales of the wholesale
and retail trades was up 12.1 percent, the sales of the catering industry
was up 17.3 percent, while the sales of other industry was down by 0.3
percent.
Transactions at the market for
means of production became brisk. The total sales of means of production by
wholesale and retail enterprises above designated size were 1,580.8 billion
yuan, up by 23.7 percent.
The economic efficiency of
wholesale and retail enterprises above designated size was improved. In the
first 11 months of 2000, the net sales income reached 2,398.2 billion yuan,
up 17.3 percent over the same period last year. Of this total, the growth
of wholesale trade was 18.5 percent, and that of retail trade was 11.6
percent. The profits made stood at 24.8 billion yuan, an increase of 1.2
folds. Of the total, the growth of wholesale trade was 1.3 folds and that
of retail trade was 25.6 percent. However, due to the rise of operation
cost, the gross profit margin was only 7.93 percent, down by 0.4 percentage
points. The profit brought from the main business of enterprises was up
14.2 percent.
VIII. Foreign Economic Relations
Benefited from fast international
and domestic economic growth and the policies on expanding exports, foreign
trade kept high growth. Total volume of export and import in 2000 reached
474.3 billion US dollars, up by 31.5 percent over the previous year. The
value of export was 249.2 billion US dollars, up 27.8 percent, and the
value of import was 225.1 billion US dollars, up by 35.8 percent, resulting
in a trade surplus of 24.1 billion US dollars. Among the total export, that
of state-owned enterprises was 116.5 billion US dollars, up 18.2 percent;
that of foreign invested enterprises was 119.4 billion US dollars, up 34.8
percent. The export of general trade was 105.2 billion US dollars, up by
32.9 percent. The export of which the materials supplied by the clients was
96.5 billion US dollars, up by 28.5 percent. The export of machinery and
electronic products was 105.3 billion US dollars, up 36.9 percent, the
export of new and high-tech products reached 37.0 billion US dollars, up 50
percent. Of the total import, rapid growth was seen in the import of
resource-type products, and the import of machinery and electronic products
accelerated noticeably as well, representing a growth of 32.6 and 39.7
percent respectively.
Utilization of foreign capitals
was turning for the better. In 2000, a total of 22,347 new projects that
absorbed foreign investment were approved, up 32.1 percent over the
previous year. The contracted foreign investment reached 62.4 billion US
dollars, up by 51.3 percent, and the foreign direct investment actually
utilized were 40.7 billion US dollars, up 1.0 percent.
Growing momentum was kept in
overseas construction projects, labor projects, design and consultancy
services contracted by China with foreign countries. In 2000, contracts
with the overseas involved 14.9 billion US dollars, up 15 percent over the
previous year, and the accomplished business revenue was 11.3 billion US
dollars, up 1 percent; its contribution to the total export was 900 million
US dollars, up 35 percent.
IX. Banking, Security and
Insurance
Money supply registered moderate
increase, enhancing the liquidity of money to some extent. The Central Bank
continued to carry out the robust monetary policies, using various monetary
policy tools to increase the money supply. By the end of 2000, the money
supply of broad sense (M2) was 13.5 trillion yuan, up 12.3 percent over the
previous year, and that of narrow sense (M1) was 5.3 trillion yuan, up 16
percent. The cash money in circulation (M0) amounted to 1.47 trillion yuan,
up 8.9 percent. Savings deposits and loans increased steadily. Savings deposits
in various forms in all banking institutions at the end of 2000 totaled
12.38 trillion yuan, up by 13.8 percent, a growth rate slightly higher than
that at the end of 1999. Of this total, savings of enterprises accounted
for 4.4 trillion yuan, up 18.6 percent, and the savings deposits by urban
and rural residents reached 6.43 trillion yuan, up 7.9 percent. The
year-end value of loans stood at 9.94 trillion yuan, up 13.4 percent at
comparable prices. Of this total, the long-term and medium-term loans
increased by 379.3 billion yuan, or 30.3 billion yuan more than the
increase recorded during the previous year. Supervision over banking
institutions was further enhanced and initial achievement was scored in
risk diversion for medium and small-sized banking institutions.
Stock market was further
developed with standardization. In 2000, 154 companies issued A shares and
another 162 companies issued A shares rights at Shanghai and Shenzhen stock
exchanges, with capital paid-in topped 149.9 billion yuan, an increase of
62.5 billion over 1999. The issue of 18 B shares, H shares and Red-chips
helped to draw 20.8 billion US dollars worth of foreign capital. The issue
of convertible A shares bonds totaled 2.85 billion yuan. The capitals
raised through issuing of shares and rights were 324.9 billion yuan. The
number of listed companies (with A or B shares) in China's stock markets
rose from 949 at the end of 1999 to 1,088 at the end of 2000, worth of
4,809.1 billion yuan, up 82 percent. The new domestic debts through the
issuance of treasury bonds reached 465.7 billion yuan, an increase of 64.2
billion yuan over the previous year.
Insurance service developed
vigorously. In 2000, the insurance premium totaled 159.6 billion yuan
(including foreign institutions), up 14.5 percent over the previous year.
Of this total, the premium of property insurance was 59.8 billion yuan,
that of life insurance was 85.1 billion yuan, and that of health and
unforeseen accident insurance was 14.6 billion yuan. The insurance companies
paid an indemnity of 52.7 billion yuan as reparations in insurance
programs, of which the indemnity of property insurance and short-term life
insurance was 35.1 billion yuan. Another 17.6 billion yuan was paid as
reparations in life insurance programs.
X. Culture, Public Health and
Sports
Cultural and art undertakings
made rapid progress. By the end of 2000, there were 2,622 art-performing
groups, 2,911culture centers, 2,769 public libraries and 1,373 museums in
China. Seven hundred and thirty-two medium and short wave radio
transmitting and relaying stations through out China brought radio programs
to 92.1 percent of the total population, and 1,313 television transmitting
and relaying stations covered 93.4 percent of the population. The cable
television users reached 79.20 million. National and provincial newspapers
issued 20.3 billion copies; magazines, 2.85 billion copies; and books, 6.35
billion copies. There were 3,816 archives in China where 44.30 million
documents were made accessible to the public.
Continued development was made in
public health undertakings. By the end of 2000, there were 325,000 health
care institutions (including clinics), with a total of 3.18 million beds,
2.21 million of which in hospitals and health care stations; and 4.49
million health workers, including 2.08 million doctors in hospitals and
health-care stations, and 1.27 million senior and junior nurses. China also
had 5,441 anti-epidemic and disease prevention stations employing 211,000
health workers, and 2,598 maternal and child health-care institutions
employing 75,000 health workers. There were 49,000 health-care institutions
at township level in rural areas, with 735,000 beds and 1.03 million health
workers. Rural villages with medical-care stations made up 89.8 percent of
all villages in China, employing 1.32 million rural doctors and health
workers.
Vigorous development was scored
in sports, and the National Fit-keeping Program was further promoted. In
the 27th Olympic Games, Chinese athletes made a breakthrough by winning 28
gold medals, 16 silver medals and 15 bronze medals, making China at the
third place. In 2000, Chinese athletes won 110 world champions at national
and international sport games. Fourteen athletes and 2 teams broke 22 world
records on 30 occasions, 19 athletes broke 22 Asian records on 37
occasions, and 49 athletes and 11 teams broke 60 national records on 73
occasions.
XI. Environment Protection
The general awareness of
environment protection was further enhanced, and the development of environment
protection speeded up. By the end of 2000, there were 128,000 people
working in environment protection agencies in China. Some 2,204 environment
monitoring stations were in operation employing 40,000 workers. New
achievement was made in the protection of nature, as was illustrated by the
pilot establishment of 213 ecological demonstration zones. China also had
1,227 natural protection zones (including 155 national natural protection
zones) covering 98.21 million hectares or 9.9 percent of the total land
areas of the country. The legal construction for environment protection
achieved new progress with further enforcement of environment-related laws.
By the end of 2000, about 438 standards concerning environment protection
were formulated. Among all construction projects started in 2000, 91.5
percent of them implemented the evaluation program on the impact of the
projects in question against the environment. About 98 percent of all
construction projects put into operation in 2000 had pollution control
facilities. A total of 38,101 projects against environment pollution were
completed within the specified time frame during the year, absorbing a
total investment of 20.8 billion yuan. Two thousand seven hundred and
eighteen smoke/dust control zones were established in 537cities, covering
an area of 18,000 square kilometers; and there were another 2,288 zones
covering 13,000 square kilometers in 476 cities, where the noise pollution
was put under specified level.
The deterioration of environment
pollution was initially put under control. The total emissions of major
pollutants continued to decline. In 2000, the total emissions of 12 major
pollutants were down by 10 to 15 percent as compared with that in 1995. By
the end of October 2000, over 90 percent of the 238,000
pollutant-discharging enterprises met the environmental standards. Among
the 46 key environmental protection cities, the surface water quality in 33
cities and the air quality in 22 cities met the standards. Of which 18
cities had both air and surface water quality reached the standards, and
the rest cities were close to the standards.
Active progress was made in key
environmental protection projects. Among the 5,188 key
pollutant-discharging enterprises along the "Three Rivers", and
the "Three Lakes" (Huaihe River, Liaohe River, and Haihe River,
Taihu Lake, Dianchi Lake, and Caohu Lake), 95 percent of them met the
environmental standards. Fifty-five wastewater treatment factories were
built along the Rivers and Lakes, and another 111 were under construction,
altogether accounting for 67 percent of the planned target. The air
pollutions protection in the " duel control zones" (acid rain
control zones and sulfur dioxide control zones) achieved initial success.
Among the 175 cities in the "duel control zones", the
concentration of the sulfur dioxide in 102 cities met the second grade
standards. By the end of November 2000, some 3,944 enterprises of the 4,678
sulfur dioxide-discharging enterprises in the "duel control
zones" met the national environmental standards, accounting for 84.3
percent of the total.
XII. People's Life
The living standard of urban and
rural households continued to improve, reaching the level of moderate
prosperity as a whole. With the acceleration of economic growth, the
implementation of the policies set by the state to raise the level of the
"three security systems" (the basic living expenses for urban
laid-off workers, the unemployment insurance system and the minimum living
expense assurance system in urban areas), and the increase in the wages for
staff and workers in administrative units or institutional agencies, the
income of urban households increased noticeably. The annual per capita
disposable income of urban households was 6,280 yuan in 2000, a real
increase of 6.4 percent. Due to the decline of grain output and low prices
for most farm products, the growth of farmers' income was still slow. The
per capita net income of rural households was 2,253 yuan, a real growth of
2.1 percent, of which the cash income was 1,640 yuan, a real growth of 4
percent. Housing condition for residents continued to improve. A total of
510 million square meters of new residential buildings were completed in
urban areas, and 850 million square meters of new houses were built in
rural areas in 2000. Targets set in the State Poverty Alleviation Plan
aiming at helping 80 million poor people out from poverty by the end of the
century was basically fulfilled.
Social security system was further
consolidated and improved. By the end of the year, some 104.08 million
staff and workers participated in the unemployment insurance program, and a
total of 1.37 million people received their monthly unemployment insurance.
Some 103.67 million staff and workers and over 31.73 million retirees
participated in the basic retirement security program, and 43.32 million
staff and workers participated in the basic health care program.
Social welfare work continued to
develop. There were 1.12 million beds in social welfare institutions of
various types in China in 2000, with 843,000 inmates. Some 201,000
community service facilities were established in urban areas, including
8,101 community service centers. Minimum life guarantee system had been
established in all cities and towns; about 7.01 million urban and rural
residents received minimum life guarantee relief. In 2000, 6.89 billion
yuan worth of social-welfare lottery tickets were issued, raising 1.43
billion yuan worth of social funds, and donations from the society reached
3.27 billion yuan.
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Notes:
1) All figures in the Communique
are preliminary statistics.
2) Statistics in the Communique
do not include figures for Hong Kong SAR and Macao SAR, which will be
released by the governments of Hong Kong SAR and Macao SAR.
3) Statistics in the Communique
do not include figures of Taiwan Province.
4) Figures in value terms on
gross domestic product and value-added of various sectors quoted in the
Communique are at current prices, whereas growth rates are calculated at
comparable prices.
5) Newly increased annual
production capacity figures with regard to the extraction of oil and
natural gas, urban telephone switchboards, length of distance optical-fiber
cables and digital cellular mobile phone switchboards include the capacity
built through technical updating and transformation projects.
6) Population data will be
released in the Communique of the Fifth Population Census.
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