Zeng Peiyian:2000 GDP up 8%, net profit of state-owned enterprise up 140% to RMB

Zeng Peiyian, the executive of China Plan and Development Committee, said with 8% growth of GDP and 0.4% growth of price, the whole performance of economy in 2000 was ideal.He said the net profit of state-owned enterprises rose 140% to RMB239.2 bln, of which sales of finished products accounted for97.71%, up 0.46% vs 1999.He said the production value of telecom sector broke through RMB100 mln gateway, topping production business.The investment in fixed asset in 2000 was up 9.3 % to RMB326 mln. Investment in Electronic sector was up 48.9%.

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