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Article featured in Business Beijing, December 2007
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Number

2007/12/15

 

                      688.35 billion yuan

The 2007 revenue from China's customs duties had come to 688.35 billion yuan (US$89.49 billion) by November 28, 2007, overfulfilling the annual target of 688 billion yuan (US$89.44 billion), according to customs sources. 

 

 

 

       490 million tons

Chinese crude steel output is estimated at 490 million tons for 2007, 16 percent higher than the figure in 2006, said Luo Bingsheng, deputy head of the China Iron and Steel Association, on December 1.

 

 

 

       10 billion yuan

China's online advertising market is likely to exceed 10 billion yuan (US$1.3 billion) in value in 2007, according to a research report from Nielsen, a global information and media company.

 

 

 

        302,846

Sport utility vehicles (SUVs) sold in China increased by 58.6 percent year-on-year in the first 10 months of 2007, to 302,846 units, according to the China Association of Automobile Manufacturers.

 

 

 

          100 million

About 100 million containers were handled by Chinese mainland ports in the first 11 months of 2007, highlighting the country's position as a major player in the container-shipping industry worldwide, according to Xu Zuyuan, vice-minister of communications.

 

 

 

       35 squar metres

The area of one-bed room low-rent houses will be limited to under 35 square metres, while two-bedroom units will contain no more than 45 square metres.

 

 

         1.92 trillion yuan

Investment in the mainland real-estate market jumped 31.4 percent in the first 10 months of 2007 from 2006 to 1.92 trillion yuan (US$259 billion), according to the National Bureau of Statistics.

 

 

              US$900 million

Total trading volume on the Shanghai Diamond Exchange in 2007 is expected to increase by 50 percent to US$900 million, seven times that of 2001 when the exchange was established, according to the Shanghai-based Diamond Administration of China.

 

 

    5 trillion yuan

Solid economic expansion will lift China's fiscal revenues to more than 5 trillion yuan (US$67.57 billion) this year, an increase of 27.23 percent year-on-year, Yao Jingyuan, chief economist with the National Bureau of Statistics, predicted.

 

 

    3 percent

Energy use per unit of gross domestic product (GDP) dropped by 3 percent in the first nine months of 2007, compared with 2.78 percent in the first half of the year, according to Xie Zhenhua, vice-minister of the National Development and Reform Commission

 



 
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