In the first quarter of this year, the fixed assets investment of all society reached 1752.6 billion yuan, a year-on-year rise of 23.7 percent. Specifically speaking, the fixed assets investment in the urban area was 1454.4 billion yuan, up 25.3 percent; that in the rural area was 298.2 billion yuan, up 16.7 percent.

Among the urban fixed assets investment in the first quarter of last year, the investment of the state-owned and state share-holding enterprises was 622.4 billion yuan, up 18.7 percent; that in residential buildings was 354.4 billion yuan, up 26.9 percent.

Analyzed by the project affiliation, the investment in central project was 141.8 billion yuan, up by 24 percent; that in local project was 1312.6 billion yuan, up by 25.4 percent.

Analyzed by industry, the investment in the primary industry was 9.9 billion yuan, a year-on-year rise of 20.3 percent; that in the secondary industry was 638.1 billion yuan, up 27 percent; that in the tertiary industry was 806.4 billion yuan, up 24 percent.

Analyzed by industry, the investment in the coal mining and dressing was 12.5 billion yuan, a year-on-year rise of 4.1 percent; that in the production and supply of electricity and heat reached 114.4 billion yuan, up 15 percent; that in the oil and gas exploitation was 23 billion yuan, up 22.6 percent; that in the railway transport was 22.3 billion yuan, up 27 percent; that in non-metallic mineral mining and products industry was 32.8 billion yuan, up 41.2 percent; that in the mining, smelting and pressing of ferrous metals was 39.8 billion yuan, up 12.7 percent; that in the smelting and pressing of non-ferrous metals was 19.1 billion yuan, up 54.8 percent.

Analyzed by ownership type, the investment in the domestic-funded enterprises totaled 1257 billion yuan, a year-on-year rise of 25.3 percent; that in Hongkong, Macao and Taiwan and the foreign investment was 82.8 billion yuan and 108.2 billion yuan respectively, up 32.9 percent and 19.1 percent correspondly.

Analyzed by projects under construction, in the end of March, the number of the projects under construction above 500 thousand yuan size in the urban added up 92925, a year-on-year rise of 5827; the planning investment of projects under construction totaled 14165.4 billion yuan, up 16 percent, of which, the number of new-started projects was 31117, an year-on-year decrease 2294, the planning investment of the new-started projects totaled 1263 billion yuan, a year-on-year drop of 13.9 percent.

The fund sources of investment was 2087.4 billion yuan, a year-on-year rise of 19 percent, of which, the domestic loan rose 9.5 percent, the utilized foreign capital went up 18.4 percent, the fundraising climbed 21.8 percent.

(China Development Gateway April 20, 2007)