The following official statistics were published this week:
- In 2007, China's direct foreign investment reached USD83.5 bn.
- China's total use of foreign investment exceeded USD760 bn, from 1987 to 2007.
- In the last 30 years, more than 470 of the global Fortune 500
companies have invested in China.
- China Development Bank has offered a RMB580m loan on Friday for the
water quality improvement of the Taihu Lake in east China.
- China Development Bank had provided more than RMB86.2 bn in loans
for pollution control and environmental protection projects by the end
of March.
- The International Monetary Fund (IMF) has adjusted its forecasts for
the global economic growth in 2008 downward to below four per cent,
with a projected growth of just above nine per cent for the Chinese
economy.
- Shanghai's gross domestic product grew to USD43.4 bn, up 11.5 per
cent in the first quarter.
- Shanghai's consumer price index jumped 6.8 per cent from March 2007
to March 2008.
- Shanghai's retail sales climbed 16.9 per cent, to RMB109.1 bn,
through March of this year, up 3.7 per cent from last year.
- Shanghai's disposable income rose 12.6 per cent in the first quarter.