TNAG-2792-FCO40-4031-Relations-between-Hong-Kong-and-China-1993 — Page 87

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

Real GDP

Selected indicators on China's economy

Year-on-year

rate of increase

Annex 2

1992

10 93

20 93

Jul 93

(%)

(응)

(응)

(응)

Aug 93

(응)

12.8

14.1

N.A.

N.A.

N.A.

Real gross industrial output

21.7

22.4

27.5

25.1

23.4

Value of retail sales

15.7

16.2

27.8

26.5

23.8

Retail price index

5.4

8.6

12.4

12.6

N.A.

Cost of living index for

10.9

15.7

19.1

23.3

22.2

major cities

External trade in US$ value

Imports

26.4

25.4

21.5

39.6

37.3

Exports

18.3

7.4

2.0

6.5

-0.1

Value of fixed asset investment 37.6

70.7*

*

70.7

71.3*

58.1*

Exchange rate+

Official

Adjustment centre

5.752

5.719

5.761

5.761

5.792

7.7

8.2

10.5

8.9

8.8

Interest rate on one-year fixed 7.56

7.56

9.18

10.98

10.98

**

deposit

Base lending rate on commercial 8.64

8.64

9.36

10.98

10.98

loans **

Notes :

(*)

Investment by which accounts

for

state-owned enterprises only, over 60% of the total. For the first half of 1993 as a whole, the total value of fixed asset investment, including investments by SOES and non-SOES, increased by 61% over the same period in 1992.

to one US dollar, recorded as at end of the periods indicated.

(+)

Rmbs

(**)

These refer to the interest rates as at end of the periods indicated.

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