<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Form 10-K report of China Resources Development, Inc. for the year ended December 31, 1999 and is qualified in its entirety by reference to such report. </LEGEND> <CIK> 0000793628 <NAME> CHINA RESOURCES DEVELOPMENT, INC. <MULTIPLIER> 1,000 <CURRENCY> RENMINBI YUAN <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <EXCHANGE-RATE> 8.28 <CASH> 38,138 <SECURITIES> 0 <RECEIVABLES> 4,148 <ALLOWANCES> 529 <INVENTORY> 8,116 <CURRENT-ASSETS> 248,052 <PP&E> 17,159 <DEPRECIATION> 5,757 <TOTAL-ASSETS> 377,096 <CURRENT-LIABILITIES> 85,263 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 3 <COMMON> 5 <OTHER-SE> 180,426 <TOTAL-LIABILITY-AND-EQUITY> 377,096 <SALES> 476,367 <TOTAL-REVENUES> 487,569 <CGS> 467,936 <TOTAL-COSTS> 467,936 <OTHER-EXPENSES> 24,955 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (5,322) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,996) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,996) <EPS-BASIC> (11.80) <EPS-DILUTED> (11.80)