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China Guide

Sunday
Nov 09th
Beijing Economy
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Annual GDP of 138.51 billion yuan, an increase of 12.1%

GDP per capita reached 12,941 yuan

Annual local revenue 11.53 billion yuan, an increase of 21.8%

Comprehensive economic

    * 1st steady development of industries, agriculture as the foundation of the economy further strengthened. Annual added value of 8.2 billion yuan in 1999, an increase of 3.8%, accounting for GDP ratio of 5.9%.

    * 2nd annual industrial added value of 64.42 billion yuan, compared with 1994 growth of 10.1%. The industrial added value is 49.32 billion yuan, an increase of 12.8%; The added value of 15.1 billion yuan building, growth of 14.5%. The second the total added value of GDP ratio of 46.5%. The annual rate of industrial production and 98.11%, enterprises adapt to the market economy is growing. The city 370,000 independent accounting industrial enterprises realized 15.87 billion yuan of profits and taxes.

    * Continued development of the tertiary industry. Annual added value of 65.89 billion yuan, according to comparable prices, in 1994 15.6% growth. GDP share for the 47.6%. In particular, financial, tourism, real estate, information and other new rapid development of the tertiary industry, and enhance the service function of the capital.




      Industrial

      Beijing has developed a variety of industrial economic structure and large, medium and small enterprises together, a larger scale, with a relatively complete, the ability to coordinate a strong industrial system. In China's reunification of 539 industries, Beijing has 406 industries.

      In 1995 the total industrial output value of 125.92 billion yuan, the adjustment of the industrial structure made new progress, the automotive industry, electronics and high-tech industries, the construction industry and other key industries in economic growth role in promoting further enhanced.

      Agriculture

      Beijing-round development of agriculture and rural economy has shown forestry, animal husbandry and fisheries, the building served 10 shipped to both industry and the coordinated development of the situation.

      Rural city machinery to achieve total power 468.1 million kilowatts, mechanized agricultural land area of 290,000 hectares. the total arable land area of about 88.4%.

      Beijing 1995 total grain production reached 2.59 billion kilograms. To be market-oriented and to optimize the agricultural planting structure, product yield increased significantly. ensure that the people in the capital needs of life. Vegetables, meat, fish, etc. have dried up.

      Business

      Beijing commercial highly developed, forming a variety of business forms, multi-channel distribution system to the new setup. Around the famous, high-quality, unique, new products Carnival Beijing, countries and regions throughout the food capital.

      To the end of 1995, the total number of commercial networks 280,000, chained reach 980. Beijing has an area of more than 20,000 meters of business in the shopping malls of 50. Lufthansa Friendship Shopping Mall set Shopping Center, the International Trade Center, department stores, shopping malls Xidan, Changan malls, Blue Building, a large number of modern business facilities and Jiu-renowned "old familiar" shopping centers have evolved into a flourishing, prosperity and development of the commercial network.

      In 1995 the city of internal trade added value of 18.59 billion yuan, an increase of 17.7%. Beijing's 1995 retail sales of commodities amounted to 82.7 billion yuan, compared with 1994 growth of 24%. Food products which achieved 35.3 billion yuan in retail sales in 1999, an increase of 43.3%. compared two types of clothing and daily necessities increase in the retail high 32.4 and 28.7 percentage points.

      Industrial production market city 51 years turnover of 5.74 billion yuan.

      Finance and insurance

      The financial situation is stable, well-developed financial markets, financial strength has been further increased. In 1995 the city deposits in financial institutions balance of 352.72 billion yuan, increasing by 79.27 billion yuan. growth of 29%. The banking system deposits totaled 305.41 billion yuan from the beginning of the year 30.7% growth. Financial institutions loan balance of 177.91 billion yuan from the beginning of the year 19.8% growth.

      Steady development of the securities market. A 1995 issue of treasury bills market ll5.5 billion, an increase of 32.9%. Circulation market trading was active, the city engaged in the securities business 57 institutions, securities trading business department of 81. Last year the amount of the transfer of various portfolio 161.92 billion yuan, an increase of l.4 times.

      Healthy development of the insurance industry. The city completed the insurance industry operating income 2.28 billion yuan last year, up 54%; annual insurance settlement total 830 million yuan, an increase of 20.3%, integrated payment rate 55%. went down 8.3 percentage points.

      The rapid development of the credit card business, in late 1995, the city's card issuers had reached 40 million sheets, , the trading volume above 15 billion yuan. Electronic financial payment has been made new progress.

      Foreign exchange deposits and loans continued to grow. City's 1995 financial institutions from the beginning of the foreign exchange deposits increased 29.5%; which residents of foreign exchange savings deposits totaled 3.47 billion U.S. dollars, increasing by 710 million U.S. dollars. Foreign exchange loans from the beginning of growth of 17.8%. Accumulated foreign exchange swap foreign exchange swap worth 970 million U.S. dollars in 1999, an increase of 35%. Settlement for the city accumulated 7.05 billion U.S. dollars, convert 6.3 billion U.S. dollars, foreign exchange sell more than 750 million U.S. dollars.

      Foreign Trade

      Beijing in 1996 the total value of export 4.29 billion U.S. dollars, compared with 1994 growth of 5.4%. Exports 2.55 billion U.S. dollars increased 17.3%, the total value of exports, professional foreign trade companies, TID exports 1.441 billion U.S. dollars, accounting for the city's total exports 57.9%. self-export enterprises exported 339 million U.S. dollars, accounting for 13.6%, "three-''export 665 million U.S. dollars. accounted for 26.7%. self-export enterprises and the "three-capital" enterprise value, respectively, compared with 42% the previous year. 33%. improving the structure of export commodities, the export of electromechanical products increased.

      Tourism

      Beijing is China's Jin, Yuan, Ming and Qing Dynasty, the capital, a long history of the different stages of high aesthetic and cultural values of our heritage.

      Now, the outside world of Beijing's tourist attractions to more than 200. Perennial reception of overseas tourists to the major attractions in more than 50 Department. Which is the world's largest depositary, the most integrity of the tailor-Forbidden City China is now the largest imperial garden-Summer Palace. Emperor Ming and Qing dynasties with the Temple of Heaven, heaven and the world famous Great Wall and so on.

      Since reform and opening up, Beijing will vigorously develop the tourism and for tourists to provide more comfortable and convenient environment, successively established by international practice and in accordance with the national standard assessment of tourism-star hotel 183, Room 50000, including 14 five-star hotels, accounting for 42.4% of the country; four-star hotel 21, accounting for 25.9% of the country. In 1995 the number of overseas tourists reached 2.069 million people, and the tourism earned 2.1 billion U.S. dollars. last year, up 8.6%, were an all-time high.

      Use of foreign capital

      As of the end of 1995, Beijing had approved foreign-invested enterprises ll749 home, the amount of 30.152 billion U.S. dollars, foreign direct investment 17.516 billion U.S. dollars. 实 际 利 用 外 资 已 达 80 亿 美 元。The actual utilization of foreign investment reached 8 billion U.S. dollars.

      From the investment business category : Sino-Foreign Joint Ventures 8637, Sino-foreign cooperative enterprises 797. 2,315 foreign-funded enterprises;

      Judging from the category : first, two 9,136 industries, the tertiary industry 2613;

      Investment from the country, by region : Hong Kong 4891, the United States 1877, Taiwan 1410, Japan 994, EU 534, Singapore 399, Korea 362.

      Transnational corporations and well-known companies to invest in Beijing has reached 247. Global 500 largest industrial companies and the 500 largest service companies, more than 120 formal investment in Beijing. Have been put into production and operation of enterprises with foreign investment, the overall operation of the well and constantly improving efficiency. According to the end of 1995 to 4002 was foreign-invested enterprises operating statistics, the total number of employees about 333,000 people, GDP in 1995 to achieve 40.915 billion yuan for the previous year's 125.2%; Sales income of 47.861 billion yuan for the previous year of 132.3%; of which export sales income 665 million U.S. dollars for the previous year's 133%.

     State-level economic and technological development zones in Beijing, Beijing New Technology Industry Development Experimental Zone by the government and approved by the county Industrial Area 21 has been gradually opening to the outside world, use of foreign capital base.

      China recently goals

          o Further enhance and improve the national political and cultural center of function, to build a modern international city. become the country's culture and the most advanced science and technology, morality and democracy and the legal system the best city;
          o The development of high-tech industries in the lead, and the tertiary industry developed, industrial reasonable. high-efficiency high-quality suitable for the characteristics of the capital economy;
          o People living in well-off basis, to the level of more affluent forward;
          o All-round development of social undertakings, to further improve the quality of population, social order and social atmosphere has improved remarkably, environmental conditions further improved and the level of city management has improved significantly.
      By 2000, complete the second-step strategic plan for modernization, per capita GNP in 1980 to quadruple, initially established a socialist market economic system. After another 10 years, to 2010, the city's GDP is more than double that of 2000 formed a relatively complete socialist market economic system, economic and scientific strength and achieve a degree of social development, and in some areas more than a moderately developed country by the capital city standards, in the middle of the 21st century put Beijing into a modern international city lay the foundation.

      Based on the above objectives, the specific city planning are as follows :

          o "Ninth Five-Year Plan" period the GDP of the entire city will be an average annual increase of 9% or so.
          o By 2000, one, two, three industries in the GDP share of 4.5%. 45.5% and 50%.
          o Local financial income and economic growth simultaneously.
          o Local social investment in fixed assets increased at an average rate of 10%. 5, the total investment around 389.5 billion yuan (in 1995 prices).
          o The total retail sales of social consumer goods reached 166 billion yuan. Commodity import and export total 9 billion U.S. dollars.
          o Gradually increase the retail price is below the rate of economic growth.
          o Technical advances in the economic growth rate of contribution is 50% of basic universal high school education.
          o Domicile population control in less than 11.25 million people.
          o Quality of the environment gradually improved, the city's forest coverage rate of 40%, urban green coverage rate of 35%.
          o After discounting the effect of price rises, the cost of living for urban residents per capita income and per capita net income of farmers at an average annual growth of 3% -5%.
          o The use of urban per-capita housing area is 15 square meters. basically solved the per capita living space of getting in the following four square meters of housing.

      Investment environment in key areas

      ·Urban infrastructure construction projects

      To 2000, the city's daily water supply capacity of the additional 600,000 cubic meters, according to the national plan. Construction of the South - to-North Water do preparations. Strengthen the building of urban and rural power supply facilities, a new power supply capacity of 240-280 million kilowatts, so that the power supply capacity reached 660-700 million kilowatts. Shaanxi gas field construction project, a new gas supply capacity 7 -10 billion cubic meters. central heating area ratio is 50%. Add some critical sections of the Fourth Ring Road Extension and WAY Highway project, transformation and the new urban roads 120 km, 1200 km of rural roads, completed 8 Minute Line subway project, a new subway lines in operation 11 km. Accelerate PTT, transformation and construction, perfect modern communication technology-based communication networks, city public telephone network with total installed capacity will reach five million, the telephone penetration rate of 40%. which reached 55% urban. Focus on the modernization of the capital air ports, and accelerate the Beijing southwestern port, southeast port construction.

      ·Agriculture

      "High-yielding, high-quality and high efficiency," "a high priority two" agriculture. Rely on scientific and technological progress, promote moderate scale management, and continually enhance intensive, large-scale, specialization and modernization levels, initially establish modern cities in line with the characteristics of suburban agriculture. Agricultural development with the circle around the Bohai Sea, especially Beijing and the surrounding areas of agricultural development and consider, constantly adjust agricultural production. Vigorously carry out the "basket"? "Bag" project to consolidate and improve food production base, and raising the overall level. Actively develop cattle and sheep grazing livestock production. Accelerate the development of deep processing of agricultural and sideline products. The development of eco-agriculture, tourism agriculture, improve overall economic efficiency of agriculture. 2000, the agricultural added-value reached around 9.5 billion (in 1995 prices).

      ·Industrial

      Industry efforts to change the mode of economic growth, rely on scientific and technological progress and strengthening the industrial development potential and to the progress of science and technology to benefit. Deepen the internal reform of enterprises, and scientific management efficiency. Intensify efforts to adjust to the structural optimization and efficiency. "Five fewer two high" (low energy consumption, less water consumption, material consumption less land, less pollution, and high added value, technology-intensive high-level), according to the market needs to adjust to improve the existing industries, giving priority to the development of high-tech industries. Mainly active assistance of electronic information, bioengineering and new medicine, optical-mechanical-electrical integration, new materials pilot four new high-tech industries to focus on the development of automobiles, electronics, machinery and equipment three pillars of technology-intensive industries, to transform and upgrade the metallurgical, chemical, building materials industries based 3. Actively support the textile, pharmaceutical, printing and other industries to the development of superior products, in 2000, The added value reaching 780 billion (in 1995 prices).
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