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1997 to 63.6% in 2001) among the rapid growing investments made by 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.改善法律环境刺激非国有经济的投资热情。

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 a major component of China''s socialist economy". Since then, numerous fake collectively-owned enterprises cast off their red caps" and restored their true nature of privately-owned enterprises. Based on a random survey conducted by relevant department on more than 2000 private enterprises, 70% of private enterprises were prepared to set up joint operation with enterprises of other ownership systems or undertake joint stock system reform, and were willing to participate in state enterprise reform.

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