Steady Agricultural Development
In 1997, the total output of grain, cotton and edible oil came to
490 million tons, 4.6 million tons and 21.57 million tons, increasing
respectively by 62.1 percent, 112.4 percent and 313.5 percent over 1978.
The output of milk and eggs was 4.5 times and 2.7 times as much as those
in the early 1980s. The output of grain and cotton jumped to No.1 in the
world. The total output value of agriculture, forestry, husbandry and
fishery reached 2.4709 trillion yuan, 2.4-fold increase over 1978 after
adjustment for price factors with an average annual increase of 6.6
percent which is 2.8 times as much as that before the initiation of
reform and opening to the outside world. By the end of 1997, township and
town enterprises throughout the country added up to 2,015 and provided
130 million job opportunities for the surplus labor force in the
countryside. At the end of 1997, the original value of fixed assets of
township and town enterprises exceeded one trillion yuan, current assets
came to over 1.3 trillion yuan, business income totaled 3.8 trillion
yuan, tax paid and profit turned to the state amounted to 323.8 billion
yuan and these enterprises retained nearly 200 billion yuan of profit.
From site: http://www.hellomandarin.net
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