ge scale investments were completed.
Thirteen years in construction at a cost of $24 billion, the immense
Three Gorges Dam across the Yangtze River was essentially completed
in 2006 and will revolutionize electrification and flood control in
the area. The 11th Five-Year Program (2006-10), approved by the
National People's Congress in March 2006, calls for a 20% reduction
in energy consumption per unit of GDP by 2010 and an estimated 45%
increase in GDP by 2010. The plan states that conserving resources
and protecting the environment are basic goals, but it lacks details
on the policies and reforms necessary to achieve these goals.
GDP (purchasing power parity):
$10 trillion (2006 est.)
GDP (official exchange rate):
$2.512 trillion (2006 est.)
GDP - real growth rate:
10.5% (official data) (2006 est.)
GDP - per capita (PPP):
$7,600 (2006 est.)
GDP - composition by sector:
agriculture: 11.9%
industry: 48.1%
services: 40%
note: industry includes construction (2006 est.)
Labor force:
798 million (2006 est.)
Labor force - by occupation:
agriculture: 45%
industry: 24%
services: 31% (2005 est.)
Unemployment rate:
4.2% official registered unemployment in urban areas in 2005;
substantial unemployment and underemployment in rural areas
Population below poverty line:
10% (2004 est.)
Household income or consumption by percentage share:
lowest 10%: 1.8%
highest 10%: 33.1% (2001)
Distribution of family income - Gini index:
44 (2002)
Inflation rate (consumer prices):
1.5% (2006 est.)
Investment (gross fixed):
44.3% of GDP (2006 est.)
Budget:
revenues: $446.6 billion
expenditures: $489.6 billion; including capital expenditures of $NA
(2006 est.)
Public debt:
22.1% of GDP (2006 est.)
Agriculture - products:
rice, wheat, potatoes, corn, peanuts, tea, millet, barley, apples,
cotton, oilseed; pork; fish
Industries:
mining and ore processing, iron, steel, aluminum, and other metals,
coal; machine building; armaments; textiles and apparel; petroleum;
cement; chemicals; fertilizers; consumer products, including
footwear, toys, and electronics; food processing; transportation
equipment, including automobiles, rail cars and locomotives, ships,
and aircraft; telecommunications equipment, commercial space launch
vehicles, satellites
Industrial production growth rate:
22.9% (2006 est.)
Electricity - pr
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