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Economy of the People's Republic of China


 

:The economies of Hong Kong and Macau are separate from the rest of the People's Republic of China. This article is on the economy of mainland China. See also: Economy of Hong Kong and Economy of Macau

Industry

Main industries: iron and steel, coal, machine building, armaments, textiles and apparel, petroleum, cement, chemical fertilizers, footwear, toys, food processing, automobiles, consumer electronics, telecommunications, electronic information.

Related Topics:
Iron - Steel - Coal - Machine building - Armaments - Textiles - Apparel - Petroleum - Cement - Footwear - Toy - Food processing - Automobile - Consumer electronics - Telecommunications

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Industrial production growth rate: 12.6% (2002 est.)

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Major state industries are iron, steel, coal, machine building, light industrial products, armaments, and textiles. These industries completed a decade of reform (1979-1989) with little substantial management change. The 1999 industrial census revealed that there were 7,930,000 industrial enterprises at the end of 1999; total employment in state-owned industrial enterprises was about 24 million. The automobile industry is expected to grow rapidly in the coming decade, as is the petrochemical industry. Machinery and electronic products have become China's main exports.

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