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CBR May-June 2008 - Healthcare

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Foreign Trade and Investment Quiz

Think you're a real China hand? Take this quiz to see how you measure up.

Multiple choice
1. Which Chinese province accounted for the largest percentage of PRC exports in 2002?
a.Fujian b. Guangdong c. Hebei d. Zhejiang

2. Which province or municipality received the largest share of foreign direct investment in China in 2002?
a. Beijing b. Guangdong c. Shanghai d. Sichuan

3. In 2002, Guangdong was home to
a. China's highest GDP b. More than one-third of China's foreign trade
c. Roughly one-quarter of China's foreign-invested enterprises d. All of the above

4. Of China's provinces, in 2002 Jiangsu had the
a. Highest population density b. Second-highest GDP c. Highest beer consumption d. Both a and b

5. Which region of China has been described by residents as possessing "forest in the East, iron in the West, farming in the South, animal husbandry in the North, and coal everywhere?"
a. Heilongjiang b. Inner Mongolia c. Jilin d. Shanxi

6. According to PRC statistics, what percentage of China's exports went to the United States in 2002 (not including items shipped from Hong Kong)?
a. 11.6% b. 15.8% c. 21.5% d. 34.1%

7. How many vehicles did China import in 2002?
a. 72,854 b. 95,420 c. 127,393 d. 1,432,071

8. In what year did foreign investors first sign more wholly foreign-owned enterprise contracts than equity joint venture contracts?
a. 1997 b. 1998 c. 1999 d. 2000

9. Which foreign investment structure in China allows the listing of A and B shares on PRC stock exchanges?
a. Equity joint venture b. Contractual joint venture c. Foreign-invested company limited by shares
d. Wholly foreign-owned enterprise

10. Which industry is not in the 2002 PRC Catalogue Guiding Foreign Investment in Industry's "restricted" category?
a. Distribution services b. Telecom services c. Construction and management of heating and sewage systems in certain cities d. Design and manufacture of railways

11. In what sector(s) is foreign investment still prohibited?
a. Genetically modified seed production b. Green tea processing c. Weapons and ammunition manufacturing
d. All of the above

12. In which industries are foreign companies prohibited from setting up wholly foreign-owned enterprises?
a. Press, publications, broadcasting, television, and movies b. Futures trading c. Post and telecommunications d. All of the above

13. The Ministry of Commerce was formed from which of the following now-defunct bodies?
(Name all that apply)
a. Ministry of Finance b. Ministry of Foreign Trade and Economic Cooperation c. Ministry of Trade and Commerce
d. State Economic and Trade Commission

14. Which PRC ministry handles port planning and construction?
a. Ministry of Commerce b. Ministry of Communications c. Ministry of Construction
d. National Development and Reform Commission

15. In what year did China join the World Trade Organization?
a. 1999 b. 2000 c. 2001 d. 2002



Answers: Click Here

How did you score?

15 correct answers: Congratulations, you are clearly a China expert--now stop using the China Statistical Yearbook and China's WTO accession documents as bedtime reading.

10-14 correct answers: You must be an avid reader of the China Business Review.

5-9 correct answers: Hmm, you must not have been reading your CBR much lately.

0-4 correct answers: "China is a large, populous nation in Asia..."

Sources: The US-China Business Council; PRC General Administration of Customs, China's Customs Statistics, December 2002; State Development Planning Commission, State Economic and Trade Commission, and Ministry of Foreign Trade and Economic Cooperation, Catalogue Guiding Foreign Investment in Industry, 2002; Ministry of Commerce.

—Paula M. Miller

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