TNAG-1623-FCO40-2237-Relations-between-Hong-Kong-and-China-1987 — Page 154

CONFIDENTIAL

Table 1

Profit rate by industrial sector in 1970

Sector

Item

Profit rate (%)

Means of

production

Raw material

sector

Processing sector

Iron ore

Chemical ores

Coal

Cement Crude oil

Industrial rubber Dyestuffs & points Refined oil

Chemical medicines

Organic chemicals

1.6 - 3.04

3.2

2.1

4.4

34.1

-

44.9 49.4

38.4 37.7 - 45

33.1

25

Consumer

goods

Watches

61.1

Knitted goods

41.1

Bicycles

39.8

Sewing machines

33.1

Source: Kenji Furusawa, 'Pricing China's industrial

products difficulties in the reform of China's pricing system', in China Newsletter No. 52, October 1984, P. 2.

G.F. 326

CONFIDENTIAL #≈