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GDP: 38.5 billion yuan in 2003, up by 12.2 percent over the preceding year.

 

Revenue: 5.07 billion yuan in 2003, up by 14.1 percent over the previous year.

 

Agriculture:

 

Though agriculture was adversely affected by a 10.5 percent decrease of the grain yield in 2003, driven by such positive factors as the optimization of crop mix, good momentum of animal husbandry development, etc., by and large, steady development was still scored. The total output value of agriculture, forestry, animal husbandry and fishery reached 10.05 billion yuan, by 5.9 percent as compared with the figure of the preceding year. The statistics show that the annual yield of grain reached 2.7 million tons, down by 10.5 percent from the previous year; that of oil-bearing crops was 132,000 tons, up by 21.2 percent; and that of fruits was 231,000 tons, up by 37 percent.  

 

Industrial output value and growth rate

 

The value added of the industrial sectors was 14.33 billion yuan in 2003, up 16.3 percent over the previous year. Among the state-owned and non-state-owned industrial enterprises that exceeded 5 million yuan in their annual sales income, the value added of light industry was 2.2 billion yuan, an increase of 27.4 percent and that of heavy industry was 10.08 billion yuan, an increase of 17.2 percent.

 

Foreign trade

 

The year 2003 saw an all-time high record in the export value scored. According to customs statistics, the total value of import and export in the region amounted to US$650 million, up by 47.4 percent.

 

Of the total export value, the volume of exports achieved by the state-owned enterprises was US$370 million, accounting for 72.5 percent of the total.

 

Analyzed by major trading partners, the top five countries and region in the export volume realized were Japan ( US$98.04 million, up 71.7 percent over the previous year ), Korea ( US$75.76 million, up 149.5 percent ), the U.S.A. (US$60.2 million, up by 30.5 percent ), Hong Kong ( US$48.85 million, up by 170.7 percent ) and Netherlands ( US$23.7 million, up by 73.2 percent ).

 

The major products for export are aluminium, ferro-silicon, tantalum, magnesium metal, white de-haired goatswool, tires, and bi-cyanamide.

 

Foreign investment

 

In 2003, the foreign capital actually utilized in the region amounted to US$71.86 million. A total of 37 projects with US$330 million of contractual foreign investment were concluded during the year. By the end of 2003, there were 481 registered Chinese-foreign joint ventures, co-operative enterprises and exclusively foreign-owned enterprises, 27 more than the figure of the preceding year.

 

Unemployment rate: 4.4 percent with the registered number of the unemployed people standing at 38,000 in urban and township areas at the end of 2003.

 

Life of the people

 

In 2003, the annual per capita disposable income of urban households was 6,530 yuan, up 7.6 percent. The annual per capita consumptive expenditure of urban households was 5,330 yuan, up 4.4 percent. The annual expenses of food made up 36 percent of the total expenditure, up by 1.2 percentage points as compared with that of the previous year; that of clothing, 11.0 percent, down 0.3 percentage point; that of transportation and communication, 11.0 percent, up by 0.1 percentage point; that of education, 6.0 percent, down by 1.6 percentage points, and that of housing, 10.5 percent, up by 1.0 percentage point.

 

The annual per capita net income of rural households topped 2,000 yuan to 2,043.3 yuan in 2003, a real increase of 125.9 yuan, up 6.6 percent. Farmers’ annual income gained from non-agricultural businesses amounted to 888.9 yuan, up by 10.7 percent. The annual per capita daily life expenditure of rural households was 1,637.1 yuan, up by 15.4 percent, of which the per capita expenses for food was 680.2 yuan, up 7.4 percent over the previous year. The Engel coefficients (which refers to the proportion of expenditures on food to the total consumption expenditures of households) were down from the preceding year’s 44.6 percent to 41.5 percent, down by 3.1 percentage points.

 

By the end of 2003, the savings deposits of urban and rural households amounted to 37.77 billion yuan, up by 23.1 percent over that figure at the beginning of the year.

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