China’s consumer goods market experienced a test of severe acute respiratory syndrome (SARS) in 2003, and the market operation restrained first and rose later.

The policies and measures in 2004 should be designed mainly to solve the acute contradictions in price performance.

Prudent monetary policy should remain to be the keynote of 2004. To make it more specific, the monetary policy should give priority to interest rate adjustment and open market operation.

Since China started its reform and opening to the outside world in 1978, the gap in regional development can be roughly divided into three periods of changes.

China has joined the world’s giants in terms of scale of its electronic information industry.

There have been diverse definitions on the restructuring of state-owned enterprises: change of their forms, change of their equity structure and change of their basic systems.

The central bank injected 45 billion U.S. dollars in capital into the Bank of China and the China Construction Bank in early 2004, thus formally launching the process of reforming the four major state-owned commercial banks.

China has so far promulgated "Corporation Law", "Partnership Law", "Individual Sole Proprietorship Law", "Security Investment Fund Law" and "Trust Law", and is busy revising "Corporation Law", "Security Law" and "Partnership Law" at present.