Numbers of the Week

32%

The output of China's machinery industry grew about 32 percent in 2007 to a record high of over 7 trillion yuan ($959 billion), according to statistics from the China Machinery Industry Federation. It was the fifth consecutive year the growth rate has surpassed 20 percent. China has transformed itself from being a net machinery importer to a net exporter since 2006.

164 billion yuan

The country's Internet business is expected to jump 40 percent to 164 billion yuan ($22.5 billion) in 2008 with online games and e-commerce as the major drivers of revenue growth. These segments grew 74.6 percent and 68.9 percent, respectively, in 2007, according to estimates from CCID Consulting.