<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q REPORT OF CHINA RESOURCES DEVELOPMENT, INC. FOR THE THREE MONTHS ENDED
MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<MULTIPLIER>                              1,000
<CURRENCY>                        RENMINBI YUAN

                             
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                DEC-31-2000
<PERIOD-START>                   JAN-01-2000
<PERIOD-END>                     MAR-31-2000
<EXCHANGE-RATE>                         8.28
<CASH>                                28,281
<SECURITIES>                          93,562
<RECEIVABLES>                             55
<ALLOWANCES>                               0
<INVENTORY>                            2,847
<CURRENT-ASSETS>                     214,793
<PP&E>                                12,280
<DEPRECIATION>                         1,171
<TOTAL-ASSETS>                       342,616
<CURRENT-LIABILITIES>                 45,385
<BONDS>                                    0
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                3
<COMMON>                                   5
<OTHER-SE>                           182,580
<TOTAL-LIABILITY-AND-EQUITY>         342,616
<SALES>                                1,397
<TOTAL-REVENUES>                       1,397
<CGS>                                  1,296
<TOTAL-COSTS>                          1,296
<OTHER-EXPENSES>                       4,649
<LOSS-PROVISION>                           0
<INTEREST-EXPENSE>                         0
<INCOME-PRETAX>                        8,511
<INCOME-TAX>                           1,957
<INCOME-CONTINUING>                    2,137
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                           2,137
<EPS-BASIC>                             3.60
<EPS-DILUTED>                           3.60