Finance and Insurance

In 2003, the finance and insurance sector in Beijing reported an added value of 51.38 billion yuan, up 8.5 percent from the previous year. Outstanding deposits and loans of financial institutions increased markedly, with cash incomes reaching 1,448.04 billion yuan and expenditures hitting 1,438.98 billion yuan. Net cash income rose to 9.05 billion yuan. In 2003, 76 listed companies in Beijing engaged in transactions of A-shares, including 6 that went public during the year. These were able to raise 24.19 billion yuan through transactions on securities markets.

Transactions of Financial Market（Unit: 100 million yuan）

Item	2003	2002	Up or Down
Government Securities	1,173.19	642.4	82.6%
stock	5,041.4	4,553.5	10.7%
government securities repurchase	16,875.18	7,574.1	122.8%
fund	110.5	485.8	-77.3%
others	169.6	75.4	125%
total	23,369.8	13,331.2	75.3%