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Ministry of Commerce Ensures Market Stability

SARS Woes Boost Food Deliveries
Consumers worrying about being infected by severe acute respiratory syndrome in public places have boosted the delivery business of local fast-food chains, such as McDonald's and Kentucky Fried Chicken. But the restaurants are not optimistic about their overall sales in coming months.

China's Interbank Lending Active
China's interbank lending trade grew in February, with average daily trading volume rising to 49.2 billion yuan (six billion US dollars), up 20 percent over January and up nearly 60 percent over the same period last year.

HKSAR Govt Proposes Tax on Persons Departing by Land, Sea

Tianjin Reports Increasing Foreign Investment
Tianjin, a port city and economic center in north China, absorbed more than US$5.8 billion in contractual foreign investment in 2002, a rise of 25.5 percent over the previous year.

Shanghai Port Records Surge in Exports
East China's Shanghai port reported US$81.8 billion worth of exports in 2002, an increase of 20.3 percent over the previous year, according to Shanghai Customs statistics.

Hong Kong's GDP Grows 3.3 Percent in 3rd Quarter
Hong Kong's GDP growth recorded a year-on-year 3.3 percent growth in real terms in the third quarter of 2002, up from a 0.8 percent growth in the second quarter.

Sales Jump 17.7% at Top Stores in Shanghai
The wave of growth ridden by Shanghai retailers this year is cresting during the National Day holiday, the city's Commercial Commission said Oct. 3.

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