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ing this period, affected by the Asia financial crisis and changes in domestic economic situation, both the growths of non-government investment and the expansion of its proportions in the three regions fell. Nonetheless, with the deepening of reform and the stimulus policy to expand internal demand, non-government investment managed to keep relatively rapid growth momentum in certain regions. In particular, it grew much faster in the western region than in the eastern and central regions. Meanwhile, in some provinces in the eastern region where non-state economies were more developed, non-government investment further strengthened its dominant status and played a major role in pulling up total local investment. II. Major Stimulating Factors of the Accelerated Growth of Non-government investment 　　1. The progress of the state economic reform and strategic adjustment expanded room for the growth of non-government investment. 　　During 1998-2001, growth of investment made by the joint stock economy was the fastest among all non-government investment, which reached 40.4%, 27.3%, 63.9% and 39.4% respectively. It took a dominant proportion (rising from 30.4% in 1997 to 63.6% in 2001) among the rapid growing investments made by 搣other economies" and actually pulled the accelerated growth of the overall non-government investment. At present, non-government investment already covered all the 16 large sectors in national economy. Investment made by household economy mainly concentrates on the agriculture and housing sectors, while investment by the collective, private, joint operation and joint stock economies generally focuses on the wholesale/retails trade, catering, manufacturing and construction sectors. During 1993-1997, non-government investment in the 16 large sectors experienced various rates of growth, wlfile its proportion in the total sectoral investment also rose at different rates. Among them, the fastest growing investment took place in sectors such as the construction sector, the wholesale/retail trade and catering sector and the agriculture, forestry and fishery sectors. The proportions of investment in these sectors grew by 15.69, 12.55 and 11.71 percentage points respectively (CEI.net). In the general competitive fields, non-government investors, especially the joint stock economy, demonstrated strong economic strength and competitive advantage. Over the past few years, some of the infrastructure fields monopolized by the state economy gradually opened up to non-government investment and relaxed their industrial access requirements for the latter. Meanwhile, non-government investors also displayed increasing growth potential and competition vitality. 　　2. Improvement in legal environment stimulated investment enthusiasm of the non-state economies. 　　After the 15th CPC National Congress, it was formally stipulated in the Constitution that the non-state economies, such as household and private economies, were 搣a major component of China''s socialist economy". Since then, numerous fake collectively-owned enterpri