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Number

2006/04/14

8.9 percent
China's central bank on March 27 said it expects the country's gross domestic product growth to slow to 8.9 percent in 2006 from 2005 totals and consumer prices to rise by 2.0 percent.


21.8 percent
China's industrial enterprises earned 203.4 billion yuan (US$25.4 billion) in profits during the first two months of 2006, up 21.8 percent on the previous year, the National Bureau of Statistics said in a monthly report on March 24.

20 billion
The country's biggest electricity grid company, the State Grid Corp of China, on March 27 said it plans to spend up to 20 billion yuan (US$2.5 billion) over the next five years to improve power transmission networks in rural areas.


330 million
China Life Insurance, the nation's biggest insurer, said it will invest 330 million yuan (US$41 million) to establish a pension company with its parent and asset management unit on March 24.

100 million
The Chinese Government has allocated 100 million yuan (US$ 1.25 million) in emergency aid for the areas hit hard by drought during this spring-ploughing season, the Ministry of Finance said on March 22.


30 billion
The China Minsheng Banking Corporation, one of the five banks listed on the mainland stock market, said on March 22 it had received approval from the country's banking regulator to issue 30 billion yuan (US$3.74 billion) worth of bonds on the interbank bond market.


150,000
Expansion is leading Wal-Mart Stores to hire up to 150,000 employees in China over the next five years, five times its current work force, the company said on March 20. Wal-Mart has 56 stores in China and 30,000 employees and plans to open 20 more stores this year.

1.306 billion
China's population was 1.306 billion by November 1, 2005, up 3.2 percent from November 1, 2000, when the Fifth National Population Census was conducted, the National Bureau of Statistics reported on March 16.

400 million
An estimated 400 million Chinese are suffering because of sleep-related disorders, said China Daily on March 21 in a special story marking the World Day of Sleep on March 21. About 60 percent of adult Beijingers reported suffering from sleep disorders during the past 12 months, which experts say is symptomatic of life in a high-pressured, fast-paced society.

28.4 percent
PetroChina, China's largest integrated oil company, said on March 20 that its 2005 net profit rose 28.4 percent, as high oil prices offset an operating loss in its refining segment. Net profits for 2005 totalled 133.36 billion yuan (US$16.60 billion), compared with 103.84 billion yuan (US$12.9 billion ) in 2004, the firm said.

10 million
Subscriptions to digital cable television providers could more than double this year to 10 million, according to Radio and TV Information (R&TI) magazine on March 22.


10.5 billion
The central government will set aside 10.5 billion yuan (US$1.31 billion) for development of agriculture this year, said Finance Vice-Minister Liao Xiaojun at a work meeting on national spring agriculture held at Bengbu in East China's Anhui Province, on March 21.



 
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