Remarkable achievements were made in the development of basic industries and infrastructure

gly promoted the growth of social investment and enabled the national economy to tide over the difficult period smoothly.

From 1990 to 2002, China's basic industries and infrastructure construction made great achievements in the period, a large number of major basic industries and infrastructure construction projects completed and put into operation, and began to play a beneficial role. The national project to return farmland to forests and grasslands, the project to protect wild animals and plants and build nature reserves, and the Heilongjiang and Inner Mongolia commodity grain bases of 10 billion tons have improved China's agricultural, forestry, animal husbandry and fishery infrastructure. The Shenfu Dongsheng Mining area, Xinjiang Tarim Oil Field, Daya Bay Nuclear Power Plant, Lingao Nuclear Power Plant phase I project, Yellow River Xiaolangdi Water Conservancy Project, Ertan Hydropower Station and other projects have eased the energy shortage; The Beijing-Kowloon Railway, Beijing West Railway Station, Shanghai Pudong and Guangzhou Baiyun New airports, and Shanghai Metro Line 2 were put into operation. The Shenzhen-Dalian Expressway was opened to traffic. Highway construction was in full swing, and a modern transportation network began to take shape. In the field of water conservancy, the construction of levees for major main streams and lakes such as the Yangtze River and Yellow River has been carried out, and the construction of the Three Gorges water conservancy project has begun.

(4) 2003-2008: the stage of comprehensive and rapid development, energy and basic raw material industry investment growth accelerated, state funds continued to tilt to the central and western regions, the source of funding channels showed diversification

Since the 16th National Congress of the Communist Party of China, on the one hand, the state has taken active measures to increase the government's investment in basic industries and infrastructure construction, on the other hand, to encourage foreign and private capital to invest in basic industries and infrastructure projects, so that the level of basic industries and infrastructure in China has been greatly improved, people's living environment and urban and rural conditions have been significantly improved. In the six years from 2003 to 2008, the total investment in basic industries and infrastructure construction was 24,677 billion yuan, with an average annual growth rate of 24.5 percent, 8 percentage points higher than the average annual growth rate of the national economy in the same period. In 2008, there were 158,350 investment projects in basic industries and infrastructure construction, 60,352 more than in 2002. The planned total investment of construction projects is 20,479.6 billion yuan, an increase of 2.1 times over 2002. The investment during this period has the following characteristics.

First, investment in energy and basic raw materials grew rapidly. In the six years from 2003 to 2008, the investment in the energy industry grew at an average annual rate of 27.3%, of which the coal mining industry and the petroleum processing and coking industry grew at an average annual rate of 44.6% and 43.1%, respectively. The annual growth rate of basic raw materials industry reached 40.6%.

Second, the state has focused on strengthening support for the central and western regions in terms of policies and funds, and investment in basic industries and infrastructure in the central and western regions has grown rapidly. From 2003 to 2008, 509,758 basic industries and infrastructure construction projects were carried out in the central and western regions, accounting for 66.2 percent of the country's total, an increase of 5.9 percentage points over 2002. The investment in basic industries and infrastructure reached 12,980.5 billion yuan, with an average annual growth rate of 27.8%, 3.3 percentage points higher than the national average annual growth rate of investment in basic industries and infrastructure.

From the sources of investment funds, the central and western regions in the six years of basic industry and infrastructure investment funds from the state budget of 1,244.3 billion yuan, accounting for 61.6 percent of the country, an increase of 0.5 and 5.5 percentage points over 1995 and 2002 respectively. The injection of state funds has alleviated the shortage of funds for infrastructure construction in the central and western regions, driven other funds to invest in basic industries and infrastructure in the central and western regions, and built a large number of basic industries and infrastructure projects in the central and western regions, such as the Three Gorges Project, Qinghai-Tibet Railway, Yuhuai Railway, Baotian Expressway in Gansu, Huangyan Expressway in Shaanxi, and Baotian Expressway in Gansu. Guizhou Qianxi Power Plant, Inner Mongolia Ximeng agricultural and animal husbandry infrastructure construction project and so on. The completion and operation of these projects have greatly improved the backward infrastructure construction in the central and western regions, and played a positive role in improving the living standards of the people in the central and western regions and narrowing the gap with the eastern regions.