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

Third, the investment entities and funding sources of basic industries and infrastructure began to diversify. In the early days of reform and opening up, the funds used for basic industries and infrastructure investment were basically state funds. With the deepening of reform and opening up, foreign capital and private capital have played an increasingly important role in the construction of basic industries and infrastructure, which has better solved the problem of insufficient state funds. In 2008, among the sources of funds for investment in basic industries and infrastructure, the state budget accounted for 9.1%, domestic loans accounted for 21.9%, foreign investment accounted for 1.4%, and self-raised funds accounted for 60.9%. According to the economic type, state-owned investment accounted for 61.6%, foreign investment accounted for 4.6%, and private individuals accounted for 7%. Although state-owned investment in basic industries and infrastructure still occupies an absolute holding position, investment subjects and funding sources have gradually diversified.

Fourth, a number of projects related to the national economy and people's livelihood have been completed. Among them, more than 10 billion yuan projects include oil, steel, electric power, railway, subway, port, airport and other industry construction projects, such as west-east gas pipeline infrastructure project, west-east power transmission project, Daqing oilfield development capacity construction project, Cnooc offshore oil field exploration and development investment project, Zhejiang Zhenhai 8 million tons/year refining expansion project, Shanghai Secco 900,000 tons/year ethylene project, Guangdong Jiangmen, Zhejiang Wusashan and Beilun, Jiangsu Taicang, Fujian Houshi, Shanxi Yangcheng and other power projects, Qingzang Line, Ningxi Line, Yuhuai Line, Zhuliu Double Line, Zhegan Line, Shuohuang Line, Neikun Line and other railway projects, Fujian Sanfu Expressway project, Guangzhou Metro Line 2 project, Tianjin Port Expansion Project, Yangshan deep-water port container project phase I, Guangzhou Baiyun airport relocation project. In October 2008, all units of the Three Gorges Project were put into operation one year ahead of schedule.