1999年投资回顾和2000年展望

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1999年国有及其他经济类型(如无特别说明,均不含城乡集体和个体投资,下同)固定资产投资增速起伏跌宕,令经济界人士牵肠挂肚。第一季度,在1998年政府积极财政政策效应带动下,固定资产投资以22.7%的速度快速增长。第二季度,投资增速有所放慢,增长12.1%。进入下半年,投资增幅更是逐月以两个点的速度下滑,第二季度当季投资增幅近乎于零。第四季度,随着新一轮国债资金的陆续到位,投资出现了一些回升的迹象,但终因严寒冬季的到来,北方施工季节已过,投资未能出现人们期待的强有力的反弹,四季度仅增4.4%,全年投资增幅为1991年以来的最低水平。由于国有及其他经济类型的投资占全社会投资的70%以上,因而,1999年全社会固 In 1999, the growth of state-owned and other types of investment in fixed assets (investment in urban and rural collectives and individual investment is subject to the following conditions: without special instructions and the same applies to the same below) has caused ups and downs in the economic sector. In the first quarter, driven by the government’s active fiscal policy in 1998, investment in fixed assets grew rapidly at a rate of 22.7%. In the second quarter, investment growth slowed down, up 12.1%. In the second half of the year, the growth rate of investment declined at a two-point rate on a monthly basis. The quarterly investment growth in the second quarter was almost zero. In the fourth quarter, with the gradual arrival of a new round of treasury bonds funds, there have been some signs of recovery in investment. However, due to the onset of severe winter, construction season in the north has passed and investment fails to show a strong rebound expected by people. Fourthly, The quarterly increase of only 4.4%, the annual investment growth rate is the lowest level since 1991. As the state-owned and other types of economic investment accounted for more than 70% of the total social investment, therefore, the entire social solid in 1999
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