The 1994 CIA World Factbook. United States. Central Intelligence Agency

The 1994 CIA World Factbook - United States. Central Intelligence Agency


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officials and plant managers in industry, permitted a wide variety of small-scale enterprise in services and light manufacturing, and opened the economy to increased foreign trade and investment. The result has been a strong surge in production, particularly in agriculture in the early 1980s. Industry also has posted major gains, especially in coastal areas near Hong Kong and opposite Taiwan, where foreign investment and modern production methods have helped spur production of both domestic and export goods. Aggregate output has more than doubled since 1978. On the darker side, the leadership has often experienced in its hybrid system the worst results of socialism (bureaucracy, lassitude, corruption) and of capitalism (windfall gains and stepped-up inflation). Beijing thus has periodically backtracked, retightening central controls at intervals. In 1992–93 annual growth of GDP has accelerated, particularly in the coastal areas - to more than 10% annually according to official claims. In late 1993 China's leadership approved additional reforms aimed at giving more play to market-oriented institutions and at strengthening the center's control over the financial system. Popular resistance, changes in central policy, and loss of authority by rural cadres have weakened China's population control program, which is essential to the nation's long-term economic viability. National product: GDP - purchasing power equivalent - $2.61 trillion (1993 estimate based on a 1990 figure from the UN International Comparison Program, as extended to 1991 and published in the World Bank's World Development Report 1993; and as extrapolated by use of official Chinese growth statistics for 1992 and 1993) National product real growth rate: 13.4% (1993) National product per capita: $2,200 (1993 est.) Inflation rate (consumer prices): 17.6% (December 1993 over December 1992) Unemployment rate: 2.3% in urban areas (1992); substantial underemployment Budget: deficit $15.6 billion (1993) Exports: $92 billion (f.o.b., 1993) commodities: textiles, garments, footwear, toys, crude oil partners: Hong Kong, US, Japan, Germany, South Korea, Russia (1993) Imports: $104 billion (c.i.f., 1993) commodities: rolled steel, motor vehicles, textile machinery, oil products partners: Japan, Taiwan, US, Hong Kong, Germany, South Korea (1993) External debt: $80 billion (1993 est.) Industrial production: growth rate 20.8% (1992) Electricity: capacity: 158,690,000 kW production: 740 billion kWh consumption per capita: 630 kWh (1992) Industries: iron and steel, coal, machine building, armaments, textiles, petroleum, cement, chemical fertilizers, consumer durables, food processing Agriculture: accounts for 26% of GNP; among the world's largest producers of rice, potatoes, sorghum, peanuts, tea, millet, barley, and pork; commercial crops include cotton, other fibers, and oilseeds; produces variety of livestock products; basically self-sufficient in food; fish catch of 13.35 million metric tons (including fresh water and pond raised) (1991) Illicit drugs: illicit producer of opium; bulk of production is in Yunnan Province; transshipment point for heroin produced in the Golden Triangle Economic aid: donor: to less developed countries (1970–89) $7 billion recipient: US commitments, including Ex-Im (FY70–87), $220.7 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970–87), $13.5 billion Currency: 1 yuan (Y) = 10 jiao Exchange rates: yuan (Y) per US$1 - 8.7000 (January 1994), 5.7620 (1993), 5.5146 (1992), 5.3234 (1991), 4.7832 (1990), 3.7651 (1989) note: beginning 1 January 1994, the People's Bank of China quotes the midpoint rate against the US dollar based on the previous day's prevailing rate in the interbank foreign exchange market Fiscal year: calendar year

      @China, Communications

      Railroads:

       total about 64,000 km; 54,000 km of common carrier lines, of which

       53,400 km are 1.435-meter gauge (standard) and 600 km are 1.000-meter

       gauge (narrow); 11,200 km of standard gauge common carrier route are

       double tracked and 6,900 km are electrified (1990); an additional

       10,000 km of varying gauges (0.762 to 1.067-meter) are dedicated

       industrial lines

       Highways:

       total:

       1.029 million km

       paved:

       170,000 km

       unpaved:

       gravel/improved earth 648,000 km; unimproved earth 211,000 km (1990)

       Inland waterways:

       138,600 km; about 109,800 km navigable

       Pipelines:

       crude oil 9,700 km; petroleum products 1,100 km; natural gas 6,200 km

       (1990)

       Ports:

       Dalian, Guangzhou, Huangpu, Qingdao, Qinhuangdao, Shanghai, Xingang,

       Zhanjiang, Ningbo, Xiamen, Tanggu, Shantou

       Merchant marine:

       1,541 ships (1,000 GRT or over) totaling 14,884,756 GRT/22,475,985

       DWT, barge carrier 1, bulk 285, cargo 819, chemical tanker 13,

       combination bulk 9, container 85, liquefied gas 4, multifunction/barge

       carrier 1, oil tanker 192, passenger 24, passenger-cargo 25,

       refrigerated cargo 17, roll-on/roll-off cargo 21, short-sea passenger

       43, vehicle carrier 2

       note:

       China beneficially owns an additional 227 ships (1,000 GRT or over)

       totaling approximately 6,187,117 DWT that operate under Panamanian,

       British, Hong Kong, Maltese, Liberian, Vanuatu, Cypriot, Saint

       Vincent, Bahamian, and Romanian registry

       Airports:

       total:

       330

       usable:

       330

       with permanent-surface runways:

       260

       with runways over 3,659 m:

       fewer than 10

       with runways 2,440–3,659 m:

       90

       with runways 1,220–2,439 m:

       200

       Telecommunications:

       domestic and international services are increasingly available for

       private use; unevenly distributed internal system serves principal

       cities, industrial centers, and most townships; 11,000,000 telephones

       (December 1989); broadcast stations - 274 AM, unknown FM, 202 (2,050

       repeaters) TV; more than 215 million radio receivers; 75 million TVs;

       satellite earth stations - 4 Pacific Ocean INTELSAT, 1 Indian Ocean

       INTELSAT, 1 INMARSAT, and 55 domestic

      @China, Defense Forces

      Branches:

       People's Liberation Army (PLA), PLA Navy (including Marines), PLA Air

       Force, Second Artillery Corps (the strategic missle force), People's

       Armed Police (internal security troops, nominally subordinate to

       Ministry of Public Security, but included by the Chinese as part of

       the "armed forces" and considered to be an adjunct to the PLA in war

       time)

       Manpower availability:

       males age 15–49 347,458,052; fit for military service 192,546,413;

       reach military age (18) annually 10,256,181 (1994 est.)

       Defense expenditures:

       defense budget - 52.04 billion yuan, NA% of GDP (1994 est.); note -

       conversion of the defense budget into US dollars using the current

       exchange rate could produce misleading results

      @Christmas Island

      Header Affiliation: (territory of Australia)

      @Christmas Island, Geography

      Location: Southeastern Asia, in the Indian Ocean, between


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