ECONOMY|AGRICULTURE|INDUSTRY|CONSTRUCTION|INVESTMENT IN FIXED ASSETS|TRANSPORTATION|POSTS AND TELECOMMUNICATIONS|BANKING, SECURITIES AND INSURANCE|DOMESTIC TRADE|FOREIGN ECONOMIC RELATIONS

Summary

Main Indicators on Construction Enterprises

The construction industry developed steadily, with further improved economic efficiency. In 2000, the added value of construction enterprises was 591.8 billion yuan, up 6.2 percent over the previous year. The profits made by construction enterprises at and above grade four reached 16.6 billion yuan, up 7 percent; and their tax payments totaled 35.8 billion yuan, up 5.4 percent. Projects under construction numbered 680,716, of which 311,924 were constructed through a bid system, accounting for 45.8 percent of the total. The total floor space under construction was 1,551.75 million square meters, an increase of 79.13 million square meters. Floor space of buildings completed during the year was 738.35 million square meters, a decrease of 898,000 square meters. The loss-suffering construction enterprises numbered 9,553, a decrease of 134 from the previous year, with their proportion accounting for 19.2 percent of the total, down 1.3 percentage points.

The national land resources and geological surveys discovered 249 new large and medium-sized mineral deposits. Thirty-eight minerals were found to have verified (or prospective) increased reserves, including 762 million tons of oil, 493.1 billion cubic meters of natural gas and 1.459 billion tons of coal. There were 31 geological environmental monitoring stations, which made successful forecasts on 83 geological disasters.