<TABLE> <S> <C>

<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

<S>                                                                <C>
<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)


</TABLE>