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Why invest in Chinese projects?
China is slightly larger than the US in area (9.5 Million km2).
Its population was estimated, in 1996, to have been 1.2 billion, with an average, annual increase of 1.01%.
The economy continued to grow rapidly in 1993. In November the Central Committee adopted a resolution envisaging the conversion of state-owned enterprises
into joint-stock companies, the creation of a central bank and modern tax systems.
In 1994 its GNP was estimated at nearly $3 trillion; per capita $2,500; 11.8% real growth rate and unemployment at 2.7%.
Availability of resources both raw materials and labor (567 million - 1994 estimate).
Major Exports: $121 billion; textiles, garments, footwear,toys, Machinery and equipment, weapon systems.
Major Imports: $115 billion; rolled steel, motor vehicles, textile machinery, oil products, aircraft.
Major Trading Partners: Japan, Hong Kong, U.S., Germany, Taiwan, and Macao, Russia.
Transportation: Two great rivers (Chang Jiang (Yangtze Kiang) - 3rd longest river in the world; Zhujiang (Si Kiang) - navigable for a considerable length.
With trading liberalization and the repatriation of Hong Kong, a major international financial hub, China is now
poised to become a powerful trading opportunity. Increased manufacturing, improved standards of living and
greater economic wealth of individual citizens is producing a potential consumer market that is the largest in the world.
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