<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q REPORT OF CHINA RESOURCES DEVELOPMENT, INC. FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> RENMINBI YUAN <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <EXCHANGE-RATE> 8.28 <CASH> 64,186 <SECURITIES> 55,858 <RECEIVABLES> 3,778 <ALLOWANCES> 0 <INVENTORY> 8,197 <CURRENT-ASSETS> 257,105 <PP&E> 16,151 <DEPRECIATION> 5,910 <TOTAL-ASSETS> 387,620 <CURRENT-LIABILITIES> 91,104 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 3 <COMMON> 5 <OTHER-SE> 182,489 <TOTAL-LIABILITY-AND-EQUITY> 387,620 <SALES> 295,505 <TOTAL-REVENUES> 295,505 <CGS> 289,968 <TOTAL-COSTS> 289,968 <OTHER-EXPENSES> 17,747 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,110) <INCOME-TAX> 943 <INCOME-CONTINUING> (4,947) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,947) <EPS-BASIC> (8.34) <EPS-DILUTED> (8.34)