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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. During 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 非政府投资的加速增长的主要刺激因素

II. Major Stimulating Factors of the Accelerated Growth of Non-government investment

1.国家经济改革和战略调整的进展扩大非政府投资的增长空间。

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本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。