<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
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<PP&E>                                                           17,159
<DEPRECIATION>                                                    5,757
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<PREFERRED>                                                           3
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<LOSS-PROVISION>                                                      0
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<INCOME-PRETAX>                                                 (5,322)
<INCOME-TAX>                                                          0
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<NET-INCOME>                                                    (6,996)
<EPS-BASIC>                                                     (11.80)
<EPS-DILUTED>                                                   (11.80)