In the New Year, major projects in many places will press the "start button" and investment in infrastructure will pick up steadily

In the New Year, major projects in many places will press the "start button" and investment in infrastructure will pick up steadily

April 04, 2020

Just entered the year 2020, steady investment ushered in. Start & throughout; : from the construction of several expressways and key railways, to the gradual implementation of strategic emerging industry projects covering biomedicine and high-end equipment, we have made steady investment in a number of major projects. Start button & throughout; .

Not only & other; Pace throughout the &; And many more. Big & throughout; The industry pointed out that according to the signal released by the central economic work conference and the work conference of relevant departments, the path chart of the annual task book for stable investment in 2020 has been made clear. Major projects such as the sichuan-tibet railway will shoulder the heavy burden, and projects to strengthen weak links in the field of people's livelihood infrastructure will also be accelerated.

New Year many major projects press “ Start button & throughout;

On January 2, the first working day of the start of 2020, jiangsu province held a meeting to promote the construction of major industrial projects in suzhou industrial park. At the meeting, it was announced that 1,473 major industrial projects in jiangsu would be launched, with an annual investment of 375 billion yuan, covering such strategic emerging industries as biomedicine, high-end equipment, artificial intelligence and new materials, as well as advanced manufacturing.

Major projects welcome “ Start & throughout; Not only in jiangsu, major transport infrastructure projects have been launched in chongqing and anhui.

Among them, the yuxiang expressway expansion project in chongqing, the wuxi-kaizhou expressway project, the yusui expressway expansion project and the jin-feng tunnel project were all started at the end of 2019, with a total investment of about 90.3 billion yuan. Key railway projects in anhui province, including the hefei-xinyi high-speed railway, the new hefei west railway station, and special railway lines for ports along the river, have also been launched.

On January 2, 112 major projects with a total investment of 30.89 billion yuan were launched in jingzhou city, hubei province. In shiyan jingkai district and dongfeng intelligent equipment industrial park, 20 projects with a total investment of 5.26 billion yuan and 43 projects with a total investment of 18.83 billion yuan were launched, marking the beginning of the first quarter of project construction in the province.

The first batch of major projects in zhengzhou, henan province in 2020 were also launched recently. With a total investment of 30.9 billion yuan, 57 projects including zheng coal machinery, antu biology, national super computer zhengzhou center, zhongyuan digital industrial park, and zhongyuan tennis center ii were started first, with an annual investment of 11.98 billion yuan, including equipment manufacturing, electronic information and other advanced manufacturing industries.

From the perspective of multiple stable investment deployment, “ Project construction ” It has become an important way for local governments to stabilize investment. With the convening of economic work conferences or local development and reform work conferences, investment plans for major projects in different regions in 2020 have been implemented, with the amount of investment exceeding one trillion yuan.

For example, jiangxi province will implement it in 2020. Project construction acceleration year ” The plan is to initially arrange more than 2,000 large and medium-sized projects at the provincial level, with a total investment of 2 trillion yuan. Henan province to strengthen weak links Throughout 982 &; We will vigorously promote the construction of 8,000 major projects in nine areas, with an estimated annual investment of 2 trillion yuan. In terms of cities, Shanghai, suzhou, hefei and xi 'an have also announced investment plans for major projects in 2020, with a scale of hundreds of billions of yuan.

The industry pointed out that, judging from the signals released by the central economic work conference and the work conference of relevant departments, the path chart of the annual task book for stable investment in 2020 has been made clear, major projects such as the sichuan-tibet railway will shoulder the heavy burden, and projects to strengthen weak links in the field of people's livelihood infrastructure will also be accelerated.

Central economic work conference, to focus on the country's long-term development, strengthen the strategic, network infrastructure construction, promote the sichuan-tibet railway and other major projects, and steadily push forward communication network construction, speed up the natural disaster prevention and control of major project implementation, strengthen the municipal pipe network, the urban parking lot, cold chain logistics, such as construction, speed up the construction of rural highway, information, such as water conservancy facilities.

Specific arrangements will be made at the national conference on transport work in 2020. Strategic infrastructure construction will be strengthened in 2020 and the network of infrastructure will be promoted. We will accelerate the construction of a number of landmark major projects, including the sichuan-tibet railway and shenzhen-central corridor. We will accelerate the construction of railway projects from chongqing to kunming, and from hetian to ruoqiang, and push for dedicated railway lines to enter ports, logistics parks, and large industrial and mining enterprises. We will launch the construction of a number of national expressways and interconnecting sections of common national highways, and expand and renovate congested sections. We will improve 1, 200 kilometers of inland waterways, accelerate key projects such as the diversion project to divert the Yangtze river to the huai river and the first phase of the Yangtze estuary waterway regulation project, and improve the handling capacity of key cargo in coastal ports. We will accelerate the construction of chengdu tianfu airport and other projects.

Meng wei, deputy director of the research office of the national development and reform commission (NDRC) and spokesman, said at a press conference on Dec. 17, 2019 that 2020 is the year to complete the building of a moderately prosperous society in all respects. Much starker choices-and graver consequences-in & throughout; Plan the closing year. In the field of transportation infrastructure, the NDRC will bid for it. Much starker choices-and graver consequences-in & throughout; We will plan for specific tasks and objectives, and speed up efforts to make up shortfalls in transportation infrastructure. In the process of promoting the construction of transportation infrastructure, we will continue to give full play to the decisive role of the market in the allocation of resources, give better play to the role of the government, and promote the formation of accurate and effective investment. Flood irrigation ” We will advance these major projects in a scientific and orderly manner.

growth in infrastructure investment will pick up steadily

China will invest 800 billion yuan in railways, 1.8 trillion yuan in highways and waterways and 90 billion yuan in civil aviation by 2020, according to the national conference on transport work in 2020.

Will be launched in 2020. Big & throughout; In infrastructure construction, sichuan-tibet railway is the state “ Much starker choices-and graver consequences-in & throughout; The planned key project is another major artery leading from the Tibetan plateau to the mainland after the qinghai-tibet railway, with a total investment of about 250 billion yuan, and is scheduled to be completed in 2026.

According to China's national railway group co., LTD. Work deployment, in 2020 to seriously do a good job, and deepen the feasibility approval with optimized start early period of the construction organization plan, pushing the preliminary design and construction drawing design work, coordinate the relevant units and local governments to speed up infrastructure construction, the full implementation of construction conditions in accordance with the law.

Notable is that the local government debt issue unfolds already in 2020, the industry in January local bond issuance is expected to hit a record high, special is steady construction of local government debt, and stable investment, and steady growth of the important source of funds, superposition of the previous project capital policy, is expected to be on the beginning of 2020's infrastructure investment growth to form more powerful support.

Under favorable policies, multiple agencies predict that the growth rate of infrastructure investment will pick up in 2020. Jiang chao, chief economist at haitong securities, said special infrastructure bonds are expected to leverage around 2.2 trillion yuan to 2.4 trillion yuan in infrastructure investment, which could amount to about 1.5 trillion yuan by 2020. Wu yaping, director of the research office of investment system and policy at the investment research institute of the national development and reform commission, said that infrastructure investment such as transportation, environmental protection and municipal administration, which have certain operating income or charging mechanism, may see relatively fast growth, which will help boost infrastructure investment by around 6% in 2020.

In addition to transportation, new infrastructure areas such as 5G and new energy, as well as some livelihood projects, may have room for growth. According to the macro research team of citic construction investment, the focus of infrastructure investment proposed at the economic work conference of the political bureau in July 2019 is Fill short & throughout; + & other; New infrastructure & throughout; . Including the implementation of urban old residential transformation, urban parking lot, urban and rural cold chain logistics facilities construction “ Fill short & throughout; And the construction of information network etc. New infrastructure & throughout; The formats. With the continuous introduction of supporting policies, the growth rate of infrastructure investment is expected to pick up steadily, and the growth rate of infrastructure investment is expected to pick up to 7-8% in 2020.

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