ABSTRACT
The evaluation of Manchurian industrial investment requires that the figures compiled be given some frame of reference. The equipment goods index is a weighted arithmetic average of the prices of twelve goods basic to the construction of industrial facilities and 1933 is the base year of the index. The annual increase in the fixed assets and inventories of Manchurian manufacturing, mining, transportation and communications is the measure selected to estimate the portion of financial resources available for investment actually invested in expanding plant, equipment and inventories. The annual growth in total fixed assets and inventories was then estimated by increasing the figures on the annual increase in the fixed assets and inventories of firms included in the series on business results in proportion to the ratio of total sector paid-up capitalisation to the paid-up capital of firms included in the series.
