,
and aircraft; telecommunications equipment, commercial space launch
vehicles and satellites

Industrial production growth rate:
17.1% (2004 est.)

Electricity - production:
1.91 trillion kWh (2003)

Electricity - production by source:
fossil fuel: 80.2%
hydro: 18.5%
nuclear: 1.2%
other: 0.1% (2001)

Electricity - consumption:
1.63 trillion kWh (2003)

Electricity - exports:
10.38 billion kWh (2002)

Electricity - imports:
2.3 billion kWh (2002)

Oil - production:
3.392 million bbl/day (2003 est.)

Oil - consumption:
4.956 million bbl/day (2002 est.)

Oil - exports:
427,800 bbl/day (2002)

Oil - imports:
2.414 million bbl/day (2002)

Oil - proved reserves:
17.74 billion bbl (2004 est.)

Natural gas - production:
35 billion cu m (2003 est.)

Natural gas - consumption:
29.18 billion cu m (2002 est.)

Natural gas - exports:
0 cu m (2002 est.)

Natural gas - imports:
0 cu m (2002 est.)

Natural gas - proved reserves:
2.23 trillion cu m (2004)

Current account balance:
$30.32 billion (2004 est.)

Exports:
$583.1 billion f.o.b. (2004 est.)

Exports - commodities:
machinery and equipment, plastics, optical and medical equipment,
iron and steel

Exports - partners:
US 21.1%, Hong Kong 17%, Japan 12.4%, South Korea 4.7%, Germany 4%
(2004)

Imports:
$552.4 billion f.o.b. (2004 est.)

Imports - commodities:
machinery and equipment, oil and mineral fuels, plastics, optical
and medical equipment, organic chemicals, iron and steel

Imports - partners:
Japan 16.8%, Taiwan 11.4%, South Korea 11.1%, US 8%, Germany 5.4%
(2004)

Reserves of foreign exchange and gold:
$609.9 billion (2004 est.)

Debt - external:
$233.3 billion (3rd quarter 2004 est.)

Economic aid - recipient:
NA

Currency (code):
yuan (CNY)
note:: also referred to as the Renminbi (RMB)

Currency code:
CNY

Exchange rates:
yuan per US dollar - 8.2768 (2004), 8.277 (2003), 8.277 (2002),
8.2771 (2001), 8.2785 (2000)

Fiscal year:
calendar year

Communications China

Telephones - main lines in use:
263 million (2003)

Telephones - mobile cellular:
269 million (2003)

Telephone system:
general assessment: domestic and international services are
increasingly available for private use; unevenly distributed
domestic system serves principal cities, industrial centers, and
many towns
domestic: interprovinci