Sources from Industrial Office of the Inner Mongolia Autonomous Region said that industrial economy of Inner Mongolia has maintained rapid growth speed in the first half of 2005. The industrial value-added of industries with certain scales in the autonomous region reached 46.346 billion yuan, an increase of 31.1% year-on-year, 14.7 percentage points higher than the country. The growth speed kept the first place in the country.

Continuously increased growth speed of the industry mainly benefits from the driving of newly-established industrial enterprises with certain scale and key enterprises in the autonomous region as well as the push of key areas. In Hohhot, Baotou and Ordos along, the accumulated industrial value added totally 27.609 billion yuan, accounting for 60% of the enterpriseswith certain scales in the region. Meanwhile, mainstay functions of the advantageous industrials, such as coal, oil and steel,were brought into play further. Gathering effects and significant contribution of key industrial development zones became an important support of the high growth speed of industry.

In respect of coal industrial, production and sales volume of raw coals grew synchronously, coal market in northeast China become flourished, price ofcoal in west China raised first and then dropped, and death rate of one million tons of raw coal reduced. In respect of power industry, industrial power utilization and power utilization of residences in urban and rural areas were higher than the averageincrease of power utilization of the society, and the power utilization of the first industry decreased. In respect to railwaytransportation, increase rate of cargo transportation volume of the railway was higher than the average growth speed of thecountry, growth speed of transportation volume of stock of goods with the taxes unpaid in central and western regions was higher than that of coal transportation volume, and growth speed of transportation volume of key enterprises in central and westernregions was higher than the average growth speed of Hohhot Railway Bureau.

In the first half of this year, industrial fixed asset investment of the region reached 54.054 billion yuan, an increased of 73% year-on-year. Key industry projects completed a total of 38.288 billion yuan of fixed asset investment, accounting for 70.83%of the fixed asset investment accomplished by industrials of the autonomous region. Key construction projects of three advantageousindustries, i.e. energy, metallurgy and chemical industry, develop rapidly. Key construction projects in the Grand Gold Triangleformed by Hohhot, Baotou and Ordos showed obvious driving force and the key construction projects evolved smoothly.