| 7. | FINANCE COSTS |
| 2015 | 2016 | 2017 | 2017 | |||||||||||||
| RMB’000 | RMB’000 | RMB’000 | US$’000 | |||||||||||||
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Interest on bank borrowings wholly repayable within five years |
31,398 | 25,236 | 24,526 | 3,770 | ||||||||||||
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Less: amount capitalized in construction in progress |
(15,485 | ) | (3,849 | ) | (3,151 | ) | (485 | ) | ||||||||
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| 15,913 | 21,387 | 21,375 | 3,285 | |||||||||||||
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Borrowing costs capitalized arose on the general borrowing pool and are calculated by applying the following capitalization rates:
| 2015 | 2016 | 2017 | ||||||||||
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Capitalization rate |
5.6 | % | 4.5 | % | 4.4 | % | ||||||
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