n, following the crackdown at
Tiananmen in mid-1989, has curtailed tourism, foreign aid, and new investment
by foreign firms. Popular resistance and changes in central policy have weakened
China's population control program, which is essential to the nation's long-term
economic viability.
GNP: $NA, per capita $NA; real growth rate 4% (1989 est.)
Inflation rate (consumer prices): 19.5% (1989)
Unemployment rate: 3.0% in urban areas (1989)
Budget: revenues $NA; expenditures $NA, including capital expenditures of
$NA
Exports: $52.5 billion (f.o.b., 1989);
commodities--manufactured goods, agricultural products, oilseeds, grain
(rice and corn), oil, minerals;
partners--Hong Kong, US, Japan, USSR, Singapore, FRG (1989)
Imports: $59.1 billion (c.i.f., 1989);
commodities--grain (mostly wheat), chemical fertilizer, steel,
industrial raw materials, machinery, equipment;
partners--Hong Kong, Japan, US, FRG, USSR (1989)
External debt: $51 billion (1989 est.)
Industrial production: growth rate 8.0% (1989)
Electricity: 110,000,000 kW capacity; 560,000 million kWh produced,
500 kWh per capita (1989)
Industries: iron, steel, coal, machine building, armaments,
textiles, petroleum
Agriculture: accounts for 26% of GNP; among the world's largest producers
of rice, potatoes, sorghum, peanuts, tea, millet, barley, and pork; commercial
crops include cotton, other fibers, and oilseeds; produces variety of livestock
products; basically self-sufficient in food; fish catch of 8 million metric tons
in 1986
Aid: US commitments, including Ex-Im (FY70-87), $220.7 million;
Western (non-US) countries, ODA and OOF bilateral commitments (1970-87),
$11.1 billion
Currency: yuan (plural--yuan); 1 yuan (Y) = 10 jiao
Exchange rates: yuan (Y) per US$1--4.7221 (January 1990),
3.7651 (1989), 3.7221 (1988), 3.7221 (1987), 3.4528 (1986), 2.9367 (1985)
Fiscal year: calendar year
- Communications
Railroads: total about 54,000 km common carrier lines; 53,400 km
1.435-meter standard gauge; 600 km 1.000-meter gauge;
all single track except 11,200 km double track on standard-gauge lines;
6,500 km electrified; 10,000 km industrial lines
(gauges range from 0.762 to 1.067 meters)
Highways: about 980,000 km all types roads; 162,000 km paved
roads, 617,200 km gravel/improved earth roads, 200,800 km unimproved
natural earth roads and tracks
Inland waterways: 138,600 km; about 109,800 km navigable
Pipelines: crude, 6,500 km; refin
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