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China basic data
Territory: 9.6 million sq km (2001)
Population: 1,314.48 million (2006)
Population growth rate: 5.28 per thousand
Land boundaries: Korea, Mongolia, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal, Bhutan, Myanmar, Laos and Vietnam
Capital city: Beijing
Other main cities: Shanghai, Hong Kong, Macao, Shenzhen, Guangzhou, Tianjin, Chongqing
Languages: Chinese or Mandarin (Putonghua, based on Beijing dialect), Yue (Cantonese), Wu (Shanghainese), Minbei (Fuzhou), Minnan (Hokkien-Taiwanese), Xiang, Gan, and Hakka dialects, as well as minority languages.
Measures: metric system
Time: GMT +8
Currency: Renminbi (RMB) yuan
Religion: Buddhism, Islam, Catholicism and Christianity
Government type: Communist state
President: Hu Jintao
Vice-President: Zeng Qinghong
Premier: Wen Jiabao
Public holidays: New Year's Day (1st of January), the Spring Festival (the New Year's Day or Lunar New Year in Chinese calendar), International Labour Day (1st of May), and the National Day (1st of October)
| Chinese Economy: Gross Domestic Product (GDP), quarterly trends |
|
|
| |
Q1/07 |
Q2/07 |
Q3/07 |
Q4/07 |
Q1/08 |
Q2/08 |
Q3/08 |
Q4/08 |
Q1/09 |
| Growth Rate y-o-y (%) |
11.1 |
11.5 |
13.4 |
13.0 |
10.6 |
10.4 |
9.9 |
9.0 |
6.1 |
| Absolute Value (100 million yuan) |
50,287 |
106,768 |
174,428 |
257,306 |
63,475 |
134,726 |
208,025 |
300,670 |
65,745 |
| Absolute Value (100 million €) |
4,944 |
10,313 |
16,804 |
23,913 |
5,910 |
12,394 |
20,256 |
33,334 |
7,387 |
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|
|
|
|
|
|
|
|
|
| Exchange rate 1 € = yuan |
10.17 |
10.352 |
10.38 |
10.76 |
10.74 |
10.87 |
10.27 |
9.02 |
8.90 |
Source: PMR based on information from National Bureau of Statistics of China, 2009
Euro's exchange rate based on average exchange rate at www.x-rates.com, 2009
| Chinese Economy: Annual Trends |
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| |
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| GDP |
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|
|
|
|
| GDP at current prices |
€ (bn) |
1,308 |
1,245 |
1,326 |
1,954 |
2,091 |
2,593 |
| |
USD (bn) |
1,237 |
1,410 |
1,649 |
2,529 |
2,681 |
3,279 |
| Real GDP change (%) |
y-o-y |
9.1 |
10.0 |
10.1 |
10.4 |
11.6 |
11.9 |
| Foreign Trade |
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|
|
|
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|
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| Exports |
USD (bn) |
326 |
438 |
593 |
762 |
969 |
1218 |
| Imports |
USD (bn) |
295 |
413 |
561 |
660 |
792 |
956 |
| Growth rate of import-export over previous year |
% |
21.8 |
37.1 |
35.7 |
23.2 |
20.8 |
20.7 |
| Prices |
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|
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|
| Changes of consumer prices (%) |
y-o-y |
-0.8 |
1.2 |
3.9 |
1.8 |
1.5 |
4.8 |
| Producer Price Index (%) |
y-o-y |
-2.2 |
2.3 |
6.1 |
4.9 |
3.0 |
3.1 |
| Urban unemployment (registered) (%) |
|
4.0 |
4.3 |
4.2 |
4.2 |
4.1 |
4.0 |
| Exchange rates |
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| USD/RMB |
|
8.2773 |
8.2773 |
8.2765 |
8.0702 |
7.8087 |
7.6088 |
| Market size |
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| Population |
m |
1,285 |
1,292 |
1,300 |
1,308 |
1,314 |
1,321 |
| Per capita net income of rural households |
yuan |
2,476 |
2,622 |
2,936 |
3,255 |
3,587 |
4,140 |
| |
USD |
299 |
317 |
355 |
403 |
459 |
544 |
| Per capita disposable income of urban households |
yuan |
7,703 |
8,472 |
9,422 |
10,493 |
11,759 |
13,785 |
| |
USD |
931 |
1,024 |
1,138 |
1,300 |
1,506 |
1,808 |
Source: PMR based on information from The Central People's Government of the People's Republic of China & National Bureau of Statistics of China, 2009
Euro's exchange rate based on average exchange rate at www.x-rates.com, 2009
To find information about latest PMR market research reports covering Chinese market please visit links mentioned below:
Construction market China 2009
Retail market China 2008
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Economy
| Top 10 Chinese Enterprises in 2007 |
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| Rank |
Name of Company |
Operating Income (bilion) yuan |
Growth (%) 2007/2006 |
| 1 |
China Petrochemical Corporation |
1,065 |
29 |
| 2 |
China National Petroleum Corporation |
894 |
29 |
| 3 |
State Grid Corporation of China |
855 |
20 |
| 4 |
Industrial and Commercial Bank of China Limited |
291 |
22 |
| 5 |
China Mobile |
286 |
21 |
| 6 |
Bank of China |
242 |
32 |
| 7 |
China Southern Power Grid |
223 |
18 |
| 8 |
China Life Insurance (Group) Company |
210 |
11 |
| 9 |
China Telecom |
198 |
6 |
| 10 |
Agricultural Bank of China |
195 |
39 |
Source: Top 500 Chinese Enterprises in 2006, China Enterprise Confederation, China Enterprise Directors Association
| Top 10 Manufacturing Enterprises in China in 2006 |
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| Rank |
Name of Company |
Operating Income (bilion) yuan |
Growth (%) 2007/2006 |
| 1 |
Baosteel Group Co. |
0 |
2.6 |
| 2 |
China FAW Group Corporation |
0 |
14.8 |
| 3 |
Shanghai Automotive Industry Corporation Group |
0 |
22.0 |
| 4 |
Dongfeng Motor Co., Ltd |
0 |
26.1 |
| 5 |
Legend Holdings Ltd. |
0 |
28.4 |
| 6 |
Haier Group Corporation |
0 |
4.0 |
| 7 |
Aluminum Corporation of China (CHINALCO) |
0 |
68.6 |
| 8 |
China North Industries Group Corporation |
0 |
33.4 |
| 9 |
China South Industries Group Corporation |
0 |
34.4 |
| 10 |
Shougang Group |
0 |
8.5 |
Source: Top 500 Chinese Enterprises in 2006, China Enterprise Confederation, China Enterprise Directors Association
Constructions
| Top 10 Chinese Enterprises in 2007 |
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| Rank |
Name of Company |
Total Turnover (billion) yuan |
Growth (%) 2007/2006 |
| 1 |
China Railway Engineering Group Co.Ltd |
164 |
28,8 |
| 2 |
China Railway Construction Corporation |
149 |
28,9 |
| 3 |
China State Construction Engineering Corporation |
145 |
25,1 |
| 4 |
China Communication Construction Company Ltd |
115 |
34,9 |
| 5 |
Shanghai Construction Group |
50 |
37,1 |
| 6 |
China National Machinery Industry Corporation |
47 |
36,9 |
| 7 |
Sino-hydro Corporation |
41 |
27,6 |
| 8 |
Beijing Urban Construction Group Corporation |
25 |
16,0 |
| 9 |
China National Building Material Group Corporation |
25 |
18,2 |
| 10 |
Beijing Construction Engineering Group |
21 |
6,9 |
Source: China's Top 500 Enterprises 2006
IT & Telecoms
| Top 10 Electronic & Information Enterprises in China in 2007 |
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| Rank |
Name of Company |
Operating Income (bilion) yuan |
Growth (%) 2007/2006 |
| 1 |
Legend Holdings Ltd. |
139 |
28.4 |
| 2 |
Haier Group |
108 |
4.5 |
| 3 |
Huawei Technologies Co., Ltd |
66 |
40.3 |
| 4 |
BOE Technology Group Co., Ltd |
63 |
15.2 |
| 5 |
Midea Group |
52 |
21.9 |
| 6 |
TCL Corporation |
47 |
-10.2 |
| 7 |
Hisense Company Limited |
44 |
30.4 |
| 8 |
Founder Group |
31 |
19.3 |
| 9 |
Panda Electronics Group Company Ltd. |
28 |
-1.4 |
| 10 |
SVA (Group) Co., Ltd |
27 |
-8.9 |
Source: Top 500 Chinese Enterprises in 2006, China Enterprise Confederation, China Enterprise Directors Association
Retail
| Top 10 Chain Retailers in China in 2007 |
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| Rank |
Name of Company |
Total Sales (million) yuan |
Growth (%) 2007/2006 |
Total Outlet |
| 1 |
GOME Electrical Appliances Holdings Ltd |
102,350 |
18 |
1,020 |
| 2 |
Bailian Group Co., Ltd |
87,139 |
13 |
6,454 |
| 3 |
Suning Appliance Co., Ltd. |
85,475 |
40 |
632 |
| 4 |
China Resources Vanguard Co., Ltd. |
50,300 |
33 |
2,539 |
| 5 |
Dalian Dashang Group |
50,220 |
39 |
145 |
| 6 |
Carrefour China Inc. |
29,600 |
24 |
112 |
| 7 |
Wumart Group |
27,941 |
21 |
718 |
| 8 |
RT-MART Shanghai |
25,675 |
31 |
85 |
| 9 |
Shangshe Group |
22,167 |
23 |
263 |
| 10 |
NGS supermarket group |
22,096 |
13 |
3,226 |
Source: China Chainstore & Franchise Association
Pharmaceutical
| Top 10 Pharmaceutical Company in 2007 |
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| Rank |
Name of Company |
| 1 |
Harbin Pharmaceutical Group Holding Co., Ltd. |
| 2 |
Shijiazhuang Pharmaceutical Group Co., Ltd. (CSPC) |
| 3 |
Shanghai Pharmaceutical (Group) Co.,Ltd. |
| 4 |
Guangzhou Pharmaceutical Holdings Limited |
| 5 |
Tianjin Pharmaceutical Group |
| 6 |
Yangtze River Pharmaceutical Group Co., Ltd. |
| 7 |
North China Pharmaceutical Group Corp. (NCPC) |
| 8 |
Xiuzheng Pharmaceutical Group |
| 9 |
China Beijing Tongrentang Group Co.,Ltd. |
| 10 |
Beijing Pharmaceutical Group Co., Ltd. |
Source: State Food and Drug Administration China
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