Analysis of the Status of Non-government Invest [4]
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关键词:analysisstatusnon-governmentinvestculture
e Growth of TotalSocial Investment (Percentage points)
Note: Contribution of an economy = Growth of total social investment x Proportion of investment of the specific economy
4. Non-government investment in eastern region has become a major source of total investment in the region, while it is growing faster in the western region than in the eastern region.
In terms of region, non-government investment experienced fast growth in all the eastern, central and western regions while its proportion in total local investment continued to grow (see Table 4).
Table 4 Proportions of Non-government Investment in Total Regional Social Investment (%)
Year Nationwide Eastern Region Central Region Western Region
1993
1997
2000 39.4
47.5
49.9 46.0
53.6
56.0 31.7
44.6
45.9 23.5
32.4
37.5
Data source: Calculations based on data from China Statistics Year Books; western region included 12 provinces, autonomous regions and municipalities; and the data of 1993 did not include dada of Chongqing Municipality.
During 1993-1997, non-government investment in the eastern region grew by 23% per annum, while the proportion of non-government investment in total social investment of the region rose from 46% to 53.6%, representing a growth of 7.6 percentage points. In the central region, non-government investment rose at an average annual rate of 32%, and its proportion in total social investment of the region increased from 31.7% to 44.6%, representing a growth of 12.9 percentage points. Meanwhile, non-government investment in the western region climbed up at an average annual rate of 27%, and its proportion in total social investment of the region rose from 23.5% to 32.4%, representing a rise of 8.9 percentage points. During this period, the overall economy and total social investment grew rapidly, so was the growth of non-government investment in all the three regions: the eastern, region, the central region and the western region. The growth rate of non-government investment and the increase in proportion in the central region and the western region were significantly higher than those in the eastern region.
During 1997-2000, non-government investment in the eastern region grew by 10% per annum, and its proportion in total local investment rose from 53.6% to 56%, representing an increase of 2.4 percentage points. In 2000, five provinces in the eastern region saw their proportions of non-government investment in total local investment over taking that of the average provincial level (56%). These provinces were Fujian (63.4%), Zhejiang (62.7%), Guangdong (59.9%), Hainan (58.2%) and Tianjin (58.2%). In the central region, non-government investment grew at an average annual rate of 11%, and its proportion in total local investment rose from 44.6% to 45.9%, representing an increase of 1.3 percentage points. In the western region, non-government investment grew at 19% per annum, and its proportion in total local investment rose from 32.4% to 37.5%, representing an increase of 5.1 percentage points. Dur
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