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Friday, March 02, 2007

Some Numbers about China in 2006

2006 passed, data about China in 2006 come out one by one. I compile this post so that people who care about or want to understand China feel easy in getting the data in one place.

Any viewers are welcome to post the data you find in you reply. I will update this post when I think the data is reliable.

1. Economy in General
Preliminary calculations from National Bureau of Statistics show that China's gross domestic product (GDP) hit 20,940.7 billion yuan in 2006, up 10.7 percent over 2005.
At the end of 2006, the total number of employees was 764 million, 5.75 million more than the end of 2005. National tax revenue stood at 3,763.6 billion yuan (excluding tariffs, farmland use tax and deed tax), an increase of 21.9 percent.
In 2006, the per capita net income of farmers was 3,587 yuan, rising 7.4 percent in real terms; the per capita disposable income of urban residents was 11,759 yuan, rising 10.4 percent.
At the end of last year, there were still 21.48 million people living below the poverty line in rural areas (earnings less than 693 yuan), 2.17 million less than at the end of 2005.
Source: http://english.people.com.cn/200703/02/eng20070302_353783.html

2. Social Development
The nation had a total population of 1,314.48 million, 6.92 million more than 2005. The urban population stood at 577.06 million and the rural population at 737.42 million. The urbanization rate grew 0.93% to 43.9%. The urbanization rates from 2002 to 2005 were 39.1, 40.5, 41.8 and 43 percent respectively.
Source: http://english.people.com.cn/200703/02/eng20070302_353783.html

Male Chinese accounted for 51.5 per cent of the population. The gender imbalance is a growing problem in China. The ratio of males to female newborns stood at 119.25 to 100 in 2006.
Source: http://www.ireland.com/newspaper/breaking/2007/0301/breaking13.htm

China witnessed frequent natural disasters which claimed 3,186 lives in 2006.
Natural disasters damaged 41 million hectares of farmland, toppled down 1.93 million houses and forced 13.84 million people to leave their homes, causing direct economic losses of 252.8 billion yuan.
The central and local governments earmarked more than 10 billion yuan (about 1.25 billion U.S. dollars) last year in disaster relief and salvation.
Source: http://english.people.com.cn/200703/01/eng20070301_353133.html

3. Agriculture
In 2006 China recorded a grain output of 497.46 million tons, rising 2.8 percent.
Source: http://english.people.com.cn/200703/01/eng20070301_353189.html

The output of cotton was 6.73 million tons in 2005, up by 17.8 percent over the previous year.
The total outputs of meat and eggswere expected to reach 80 million tons and 29.5 million tons in 2005, up by 4.5 percent and 3.0 percent respectively over the previous year.
Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=31601

4. Industry
According to the data released by National Bureanu of Statistis of China, China's Steel products consumption moved up 17.2% to 450 million tonnes. Aluminium consumption rised 32.1% to 8.65 million tonnes. Copper consumption dropped 4% to 3.72 million tonnes as increased the use of aluminium as a substitute due to the high copper price. China's ethylene consumption rose 23.9% to 9.39 million tonnes while cement increased 14.5% to 1.2 billion tonnes. China burned 2.37 billion tons of coal in 2006, increased by 9.6%. Oil comsumption increased 7.1% to 320 million tons.
Source: http://www.resourceinvestor.com/pebble.asp?relid=29478

In 2006, the value added of industrial sector was up by 12.5 percent over the previous year. Of this total, the value added of the industrial enterprises above the designated size was up by 16.6 percent.
The sales ratio was 98.1 percent for the industrial enterprises above the designated size. In 2006, the amount of profits made by those enterprises was 1,878.4 billion yuan, an increase of 31.0 percent.
Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=31601&page=2

China recorded 4.75 trillion Yuan in electronic product sales revenue in 2006, up 23.6 percent on 2005.
Source: http://www.pacificepoch.com/newsstories/90717_0_5_0_M/

China produced 466.85 mln tons of steel products in 2006, up 24.45 pct year-on-year. crude steel output totaled 418.78 mln tons, up 18.48 pct, while pig iron output gained 19.78 pct to 404.17 mln tons.
Source: http://www.forbes.com/markets/feeds/afx/2007/02/01/afx3388004.html

China's iron and steel industry saw its profit surge 30 per cent year on year to a record $22 billion in 2006. The iron and steel industry secured 279.5 billion yuan in pre-tax profit in 2006, an increase of 23.95 per cent over the previous year. China's stainless steel output jumped by a whopping 68 per cent year on year to 5.3 million tonnes, ranking the first in the world.
Source: http://www.domain-b.com/industry/steel/20070226_profit.html

China's gold output rose by 7.15 tonnes in 2006 to a record 240.08 tonnes.
Source: http://www.diamonds.net/news/NewsItem.aspx?ArticleID=16891

China's crude output rose a mere 1.7 pct to 183.68 mln tons in 2006.
Source: http://www.forbes.com/business/feeds/afx/2007/02/12/afx3420562.html

China's share of the world VLCC market increased to 36.2 percent in 2006, not far below Korea's 40 percent share.
Source: http://english.chosun.com/w21data/html/news/200703/200703020010.html

In 2006 China's auto industry sold 7.22 million auto vehicles, increasing 25 percent over 2005. China's automobile industry made a profit of 76.8 billion yuan (approximately 10 billion US dollars) in 2006, up 46 percent from the previous year. and the country become the world's second largest auto market.
China's automakers last year produced 7.28 million vehicles, up 27.32 percent over the previous year, No. 3 in the world.
Source: http://english.people.com.cn/200702/20/eng20070220_351356.html

Chinese shipbuilders produced 14.52 million deadweight tons last year, nearly 20 percent of the world's total. The industry's total profits doubled last year to reach a record high of 9.6 billion yuan, more than the combined profits of the previous five years.
Source: http://news.xinhuanet.com/english/2007-02/14/content_5738059.htm

China's two largest shipbuilding companies - China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC) - both made rapid development. CSSC completed 103 ships with a total carrying capacity of 6.02 million tons. CSSC received orders for ships with a combined carrying capacity of 22.18 million tons last year. CSIC's main business income reached 62.2 billion yuan and it received orders for ships with a combined carrying capacity of 6.2 million tons.
Source: http://english.people.com.cn/200701/31/eng20070131_346422.html

Revenue from China's local semiconductor chip industry grew more than 43 per cent to exceed $13bn in 2006.
Source: http://www.computing.co.uk/vnunet/news/2186292/china-chips-13bn-2006

5. Service Industry
The fixed asset investment in China’s telecom sector touched the mark of 218.69 Billion Yuan (i.e. US$ 28 Billion) in the year 2006, An YOY increase of 7.5%.
The telecom sector, comprising fixed line phone links, Internet services, mobile phone connections, raked in 648 Billion Yuan (i.e. US$ 83 Billion) in revenues.
In the year 2006, mobile subscribers’ number in China touched 461 Million, 68 Million up from previous year (2005). In 2006, there were about 368 Million fixed line phone users throughout the nation, representing 17 million up against previous year.
Source: http://www.freepressreleases.co.uk/

China had 137 million Internet users by the end of last year, an increase of 23.4 percent year-on-year. The number of broadband users hit 90.7 million by 2006, up 41.1 percent year-on-year, while about 17 million mobile phones users now use their handsets to access the Internet.
Source: http://english.people.com.cn/200703/02/eng20070302_353642.html

China's advertising market revenue reached 386.6 billion yuan ($49.9 billion) in 2006, led by television, which claimed 81 percent of the total.
Source: http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2007-02-16T090454Z_01_PEK150834_RTRIDST_0_MEDIA-NIELSEN-CHINA.XML&rpc=66&type=qcna

China's airline safety record is on a par with North America's and surpasses that of Europe. According to the U.S. Federal Aviation Administration, in the 10 years ended in 2005, there were 0.4 accidents per million takeoffs in the U.S., 0.5 in China, 0.7 in Europe, 2.5 in Latin America and 11.7 in Africa.
Source: http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20070302/BUSINESS01/703020352/1066

Chinese airports reported passenger traffic growth of 16.7 pct in 2006 to 331.97 mln in 2006.
Source: http://www.forbes.com/markets/feeds/afx/2007/03/21/afx3536051.html

Retail sales of China's hotel and catering sector hit 1.03 trillion yuan in 2006, an increase of 16.4 percent year on year. The sector accounted for 13.5 percent of the country's total retail sales of consumer goods in 2006.
Source: http://english.people.com.cn/200703/20/eng20070320_359444.html


Digital TV subscriptions in China reached 12 million at the end of 2006, up from 6.5 million.
Source: http://www.variety.com/article/VR1117960354.html?categoryid=18&cs=1

China's retail sales rose 13.7 percent to 7.64 trillion yuan ($979.6 billion) in 2006.
Source: http://www.chinadaily.com.cn/bizchina/2007-01/26/content_796035.htm

6. Education
A total of 4.13 million students graduated from higher education institutions in 2006, 750,000 more than last year. 1.24 million of them couldn't find jobs that match their majors.
Source: http://www.china.org.cn/english/education/189340.htm

7. Science and Technology
China spent 294.3 billion yuan on research and development in 2006, 20.1 percent more than the previous year and 1.41 percent of GDP. But this is still less than 2% in the developed world. Funds allocated for fundamental research programs reached 14.8 billion yuan.
a total of 1,409 projects under the National Key Technology Research and Development Program and 2,841 projects under the Hi-tech Research and Development Program (the 863 Program) were implemented.
China added seven new national engineering research centers and three national engineering laboratories.
A total of 268,000 patents were approved in 2006, of which 224,000 were domestic patents, accounting for 83.5 percent of the total. A total of 58,000 patents for new inventions were given, of which 25,000 were domestic, accounting for 43.4 percent.
Source: http://english.people.com.cn/200703/02/eng20070302_353783.html

The patent application fillings to PCT from China jumped 56.8% to 3910 in 2006. This made China as the 8th in the world. China's Huawei was 13th on the top 20 list worldwide in 2006, up 24 places from 2005.
Source: http://www.wipo.int/edocs/prdocs/en/2007/wipo_pr_2007_476.html

8. Trade
China import/export trade value reached US$1,760.7 trillion in 2006, up 23.8 percent from 2005.
Source: http://english.people.com.cn/200703/02/eng20070302_353783.html

China's trade surplus amounted to US$177.5 billion in 2006, up 74 percent over 2005.
Source: http://english.people.com.cn/200703/02/eng20070302_353781.html

China's net oil import was up 19.6 pct year-on-year at 162.87 mln tons last year.
Source: http://www.forbes.com/business/feeds/afx/2007/02/12/afx3420562.html

Airbus delivered 76 new aircraft to China and received orders for 159 in 2006. Boeing delivered 28 and received orders for 112.
Source: http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20070302/BUSINESS01/703020352/1066

China emerged the world's largest exporter of steel last year, with an export volume of 43 million tonnes. China imported 2.5 million tonnes of stainless steel products in 2006, down 20.13 per cent.
Source: http://www.domain-b.com/industry/steel/20070226_profit.html

The export volume of China's shipbuilding industry surged 74 percent to 8.11 billion U.S. dollars in 2006.
Source: http://news.xinhuanet.com/english/2007-02/14/content_5738059.htm

The China's farm products export hit US$31.03 billion , a 14.1% increase over 2005.
Source: http://news.xinhuanet.com/english/2007-01/31/content_5677424.htm

9. Infrastructure
China's power capacityhad expanded by 102 gigawatts in 2006, or roughly equal to the entire capacity of the UK and Thailand combined.
Source: http://www.ft.com/cms/s/e66cde98-b5fc-11db-9eea-0000779e2340.html

10. Finance
China's forex reserve topped one trillion US dollar mark at the end of 2006.
Source: http://english.people.com.cn/200703/02/eng20070302_353781

Chinese government's budget deficit in 2006 was only 275 billion yuan, 20 billion yuan less than targeted set at the beginning of 2006.
Source: http://www.bloomberg.com/apps/news?pid=20601080&sid=aY5kdkPadPjA&refer=asia

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