Some interesting Economic report OF China
- Economic growth near 9%
- Total 2009 exports more than $1.2 trillion (3rd after Us, and Japan)
- Iron ore imports rose 41.6 percent to 630 million tons
- Oil imports rose 13.9 percent to 1.4 billion barrels
- Housing prices rose 5.7 percent year-on-year in November to a 16-month high and new construction rocketed almost 200 percent.
- China's trade surplus shrank by 34.2 percent in 2009 to $196.07 billion
- The world's biggest foreign currency reserves at more than $2 trillion.
- China is rushing to build up stockpiles at bargain prices since crude oil and other commodity prices plunged in 2008. That motive, more than a revival in actual industrial demand, has driven its recent import boom of oil, copper and other metals.
- with 1.3 billion people, China is still one of the world's poorest countries. It ranked 130th among economies in per capita income in 2008, according to the World Bank.