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Real estate investment
The investment in the cities knew a moderate increase. The investments in the primary sector increased 20.3% instead of the reduction of 19.6% of last year; in the secondary sector, of 38.3%, but the rhythm of growth lowered 8 points in relation to 2003; and in the tertiary sector, of 21.6%, a decrease of 0.5 point.
Policies in Generating Equipment Industry
The national Development and Reform Commission released the suggestions on strictly restraining from the unordered construction of power station projects in Nov 2004. The issue of this suggestion and macro control policies has caused some influences, especially on the situation of electricity short and even leading to an over-plus situation.
China's Generating Equipment Industry
China's generating equipment industry will still see a large market space in the long run. During the 11th Five-year Plan period, China will maintain a power construction scale of about 30-40 million kW each year. The state will actively engage in the hydropower construction with an installation rate reaching 23%-25%, and continue to reduce small-sized thermal power station construction while introducing high-parameter, high- efficiency and supercritical thermal power units with sigle-unit capacity over 300 000 kW, and properly develop the new green power projucts like nuclear power, natural gas power, wind-power and solar power.
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