China - Tianjin Light Industry Project

Document of The World Bank FOR OFFICIAL ('SE ONLY Report No. 7165-CHA STAFF APPRAISAL REPORT CHINA TIANJIN LIGHT INDUSTRY PROJECT JANUARY 25, 1989 Industry, Tiade and Finance Operations Division Country Dev4rtment III Asia Regional Office This document has a restricted distribution and may be used by recipients only In the performance of their official doties. Its contents may not otherwise be disclosed without World Bank authorzaffion.  CURRENCY EQUIVALENTS (Currency Unit = Yuan Renminbi Y) 1982 1983 1984 1985 1986 1987 1988 Y per $, year average 1.89 1.98 2.32 2.94 3.45 3.72 3.72 December 1985: Y 3.20 - $1.00 Y 1.00 - $0.31 December 1986 thru Y 3.72 = $1.0 December 1988: Y 1.00 = $0.27 (In this report $ refers to US$) FISCAL YEAR January 1 - December 31. ABBREVIATIONS AND ACRONYMS ABC - Agricultural Bank of China ADB - Asian Development Bank BOD - Biochemical Oxygen Demand CIB - China Investment Bank DFC - Development Finance Company FTC - Foreign Trade Corporation GOC - Government of China ICBC - Industrial and Commercial Bank of China MOF - Ministry of Finance MOFERT - Ministry of Foreign Economic Relations and Trade PCBC - People's Construction Bank of China PRC - People's Republic of China SPC - State Planning Commission SSRC - State System Reform Commission TDF - Textile Dyeing and Finishing Subsector in Tianjin TDFPP - Textile Dyeing and Finishing, Paper, and Packaging Subsectors in Tianjin TEC - Tianjin Economic Commission TFLIB - Tianjin First Light Industry Bureau TFTB - Tianjin Foreign Trade Bureau TMG - Tianjin Municipal Government TLIP - Tianjin Light Industry Project TPC - Tianjin Planning Commission TPB - Tianjin Price Bureau TSLIB - Tianjin Second Light Industry Bureau TSRC - Tianjin System Reform Commission TTB - Tianjin Textile Bureau TTFTC - Tianjin Textile Foreign Trade Commission TTIEU - Tianjin Textile Import-Export Union  -