GF 323
CONFIDENTIAL
- 4 -
機密
production of energy and key raw materials were still lagging significantly behind the overall rate of industrial
growth throughout the first three quarters of 1991. On the other hand, the production of consumer goods increased
rapidly().
Although some of these newly produced
consumer goods were for export, it was unlikely that
overseas demand for them had grown so much. Deficiency in
sectors could hamper industrial growth in
the
bottleneck
due course.
5.
In the first three quarters of 1991, investment
in fixed assets undertaken by state-owned enterprises
increased by 21.8% in money terms over the same period in
reached Rmb 177 billion. A committee led by Vice
Premier Zhu Rongji for clearing up the overdue
debts was established under the State Council
1990 and
inter-company
(6) Year-on-year growth rate in real terms of:
1991 H1 1991 03 1991 01-03
(*)
(*)
(%)
Gross industrial output*
13.4
14.7
13.9
of which:
Energy
Electricity
8.4
10.7
9.1
Raw coal
Crude oil
Raw materials
Pig iron
Steel
-0.7
1.2
-0.1
1.6
1.2
1.5
7.6
9.1
8.1
4.4
8.9
5.9
Cloth
-1.5
-0.5
-1.2
Silk
10.6
2.0
7.3
Consumer goods
Bicycles
19.3
22.4
20.3
Cameras
110.0
730.0
220.0
Colour television sets
43.5
8.6
29.9
Beer
20.5
23.8
21.9
CONFIDENTIAL
機密