II . Economy

(i) GDP
In 2005, Beijing's GDP totaled 688.63 billion yuan and per capita GDP reached 45,444 yuan. The added value of primary industry came to 9.8 billion, secondary industry of 202.65 billion yuan and tertiary industry of 476.18 billion yuan.

(ii) Resources, Agriculture and Industry
Natural Resources
Beijing boasts a favorable condition for mineral resources. Other capitals around the world seldom enjoy this kind of advantage. It also stands out from other major cities in China for its large amount of proven reserves of a variety of ores. Currently, 126 kinds of minerals have been found in Beijing. The reserves of 68 kinds are verified and 363 mines have been set up. Among the mines of verified reserves, the large-scale mines total 30, accounting for 8.6%, medium-scale total 106, accounting for 30.6%, small-scale total 96, accounting for 27.6% and mini-scale total 115, accounting for 33.2%. The major minerals include coal, iron ore, gold, molybdenum, limestone for cement, marble, diopside and sand for construction etc.

Ground water is among the most important resources in Beijing. The ground water replenishment is 3.95 billion m3/a and the yield totals 2.63 billion m3/a. The yield in the plain reaches 2.46 billion m3/a. Ground water accounts for two-thirds of the city's water supply, with more than 150 water sources for Beijing's urban areas, rural areas, satellite towns, large-scale mines and various organizations and institutions. After the middle section of the South-North Water Transfer Project is launched in Beijing, ground water will account for half of the city's water supply.

Beijing enjoys abundant terrestrial heat resources. Preliminary data demonstrate that areas with terrestrial heat cover 2,372 km2, constituting 14.1% of the total area of Beijing. The quantity of heat in the reserve layer is equal to that produced by 11 billion tons of standard coal. The total reserve of terrestrial heat reached 18.12 billion m3, out of which 110 million m3are to be explored every year, equal to the quantity of heat produced by 649,000 tons of standard coal.

Agriculture

In 2005, the output value of the service industry in farming, forestry, animal husbandry and fishery in Beijing totaled 26.88 billion yuan, with farming contributing 10.06 billion yuan, forestry of 1.33 billion yuan, animal husbandry of 13.57 billion yuan, fishery of 970 million yuan and services for the above four sectors of 950 million yuan.

Industry

In 2005, the major industrial ente-rprises in Beijing realized an added value of 170.54 billion yuan and export products of 106.53 billion yuan. High-tech industries achieved an added value of 51.75 billion yuan, accounting for 30.3% of the total in Beijing.

(iii)Commercial Data

Foreign Trade

In 2005, Beijing's cargo trade volume reached $125.57 billion, with an export volume of $30.87 billion and import volume of $94.7 billion. The export volume of mechanical and electrical products totaled $15.63 billion, accounting for 50.5% of the region. That of high-tech products came to $9.74 billion, accounting for 31.5% of the region. According to Balance of Payments, service trade volume reached $29.16 billion, with revenue of $18.2 billion and expenditure of $10.96 billion.

Utilization of Foreign Funds
By 2005, 126 countries and regions had investments in Beijing. Among them, Hong Kong established 8,176 foreign funded enterprises with FDI reaching $15.29 billion, accounting for 30.6% of the total contracted foreign fund; British Virgin Islands, 1,296 enterprises with FDI amounting to $5.87 billion, constituting 11.8% of the total; Japan, 2,032 enterprises with FDI $5.57 billion, accounting for 11.2%; United States, 4,004 enterprises with FDI $4.79 billion accounting for 9.6%; Germany, 378 enterprises with FDI $2.44 billion accounting for 4.9%; Korea, 1,729 enterprises with FDI $2.44 billion accounting for 4.5%; Cayman Islands, 351 enterprises with FDI $2.03 billion accounting for 4.1%.

Foreign Economic CooperationIn 2005, Beijing's contracted projects and labor service cooperation with foreign countries realized a turnover of $712.81 million with contracted capital of newly signed contracts amounting to $937.32 million. 3,473 laborers were sent abroad and people working in foreign countries numbered 4,796. Major projects exceeding $10 million amounted to 17 with total contracted capital reaching $380 million.

Contracted Projects and Labor Service Cooperation in Beijing

In 2005, five enterprises in Beijing were responsible for 49 foreign aid projects including six engineering foreign aid projects with a total contractual value of $6.96 million, 16 goods foreign aid projects, 14 design, consultancy and engineering supervision projects and 13 other projects. Countries receiving aid include Mauritius, Tonga, Togo, Guinea-Bissau, Antigua, Mauritania and Afghanistan etc.

In 2005, the Beijing municipal government approved 51 foreign enterprises and institutions including 19 foreign institutions and 32 foreign enterprises. Total value of investment in foreign countries amounted to $204.4375 million with contracted investment value on China's part reaching $204.0514 million, accounting for 99.81% of the total. There are eight American projects with investment in trade, tourism, electronics, computer software, Internet and other fi elds.

Commodity Circulation In 2005, the total value of goods-purchase amounted to $1.23087 trillion. Of this, 412.11 billion worth of goods was purchased in Beijing and 645 billion worth of goods, outside the city. Sales of commodities reached 1.34 trillion yuan with 595.86 billion yuan worth of goods sold in Beijing, 675.45 billion yuan outside the city and 68.7 billion yuan abroad. In 2005, turnover from retail sales of consumer goods reached 290.28 billion yuan in Beijing, with turnover in the urban area amounting to 251.91 billion yuan and in rural areas, 38.37 billion yuan. The turnover from wholesale and retail trade totaled 252.94 billion yuan,with 26.79 billion yuan from catering retail, and 10.55 billion yuan from other sectors.

In 2005, the CPI (Consumer Price Index) of Beijing residents was 101.5%, including CPI for food, 104.9%, CPI for tobacco, alcohol and daily necessities, 100%, CPI for clothing, 100.1%, CPI for household equipment and repair services, 99.7%, CPI for medical care and personal articles, 98%, CPI for transportation and communication, 97.5%, CPI for recreational and educational articles and services, 99.7%, CPI for accommodation, 105.9% and CPI for retail commodities, 99.7%