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products are industrial products manufactured conformable with
specifications and technical standards; (2) Secondary products are
industrial products still having utilization value and being consumed
(accepted on the market) though they fail to meet the standards of

specifications and quality; (3) Auxiliary products (or also called by-
products) are produced together with finished products during the process
of industrial production.

Industrial service product is a kind of industrial product which is
processed or increased their utilization value without changing the initial

value of the products.

INVESTMENT

Investment is the entire amount of capital spending (expenditure) to

increase or maintain capacity and resources for production, including:
investment to generate fixed assets, investment to increase current assets,
spending on purchasing rare and precious assets, reserves gold in the form
of goods, storage of commodities in the resident and other investment to

improve people's knowledge, enhance social welfare, improve the
ecological environment, support people’s welfare, etc.

Investment does not include investments which transfer the right of
use or ownership among individuals, households, enterprises or
organizations... without increasing fixed assets and current assets in the
locality, such as the transfer of land, houses, shops, equipments and other

used fixed assets.

The ratio of investment to GDP is the percentage between
investment and GDP in a given period.

Formula:

The ratio of Investment at current prices in the year
investment to GDP = × 100
(%) GDP at current prices in the same year

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