China Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $343 billion (1985 est.), $330 per capita

Natural resources: coal, iron petroleum, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydroelectric power (world’s largest potential)

Agriculture: main crops—rice, wheat, other grains, oilseed, cotton; agriculture mainly subsistence; grain imports 9.8 million metric tons in 1984; grain exports (mostly corn) 3.4 million metric tons (1984)

Major industries: iron, steel, coal, machine building, armaments, textiles, petroleum

China

Shortages: complex machinery and equipment, highly skilled scientists and technicians, energy, and transport

Crude steel: 43.4 million metric tons produced, 42 kg per capita (1984)

Electric power: 86,220,000 kW capacity (1985); 406 hillion kWh produced (1985), 389 kWh per capita

Exports. $27 4 billion (f.o.b., 1984); manufactured goods, agricultural products, oil, minerals

Imports. $25.1 billion (f.o.b., 1984); grain, chemical fertilizer, steel, industrial raw materials, machinery, equipment

Major trade partners: Japan, Hong Kong, US, FRG, Jordan, Canada, Brazil, Singapore (1984)

Monetary conversion rate: 3.06 renminbi yuan=US$l (October 1985)

Fiscal year: calendar year

NOTE: The information regarding China on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of China 1986 information contained here. All suggestions for corrections of any errors about China 1986 should be addressed to the CIA or the source cited on each page.