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Investment in fixed assets increased by a large margin. The completed investment in fixed assets of the country in 2003 was 5,511.8 billion yuan, up 26.7 percent over the previous year. Of the total investment by state-owned entities and entities with other types of ownership,  the investment in eastern areas was 2,466.6 billion yuan, up 33.6 percent; that in central areas was 1,009.2 billion yuan, up 33.1 percent; and that in western areas was 717.1 billion yuan, up 26.4 percent.
 The growth of investment in the manufacturing industry was faster than other industries. Of the total investment of state-owned entities and entities with other types of ownership, the investment in the primary industry was 115.6 billion yuan, up 3.7 percent over the previous year, with the growth dropping 19.8 percentage points. Investment in the secondary industry was 1,500.7 billion yuan, up 39.1 percent, with the growth being 16.2 percentage points higher. Of it, the investment in the manufacturing industry was 1,446 billion yuan, up 39 percent, or 16.8 percentage points higher. Investment in some manufacturing sectors enjoyed rapid growth. Of projects involving over 5 million yuan of investment, the investment in the production of steel was up by 96.6 percent; electrolytic aluminum, 92.9 percent; cement, 121.9 percent; motor vehicles, 87.2 percent; textiles, 80.4 percent; and coal, 52.3 percent. Investment in the tertiary industry kept growing fast, with a total completed investment of 2,648 billion yuan for the whole year, up 24.2 percent, or 9.8 percentage points higher than the growth in the previous year. Investment in real estate development was 1,010.6 billion yuan, up 29.7 percent. The total sales of commodity  housing for the whole year reached 767.1 billion yuan, up 34.1 percent. Of this total, the sales to individuals went up by 35.8 percent, accounting for 92.5 percent of the total sales of commodity housing.
 The construction of key projects progressed smoothly. The Three Gorges Project had achieved its goal of impounding, opening to navigation and power generating. The total length of newly completed Qinghai-Tibet Railway reached 317 km, or 28.6 percent of the targeted length. The capacity of power transmission to Guangdong Province through the west-to-east power transmission project topped 5 million kw; the piping for the west-to-east natural gas transmission project had accomplished 48 percent of the total investment, with the eastern section of the project completed and starting to supply natural gas to east China. Four sub-projects were started under the central and eastern routes of the south-to-north water diversion project. Nineteen key projects designed to harness the Huaihe River had accomplished 49 percent of the total investment.
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