Water conservancy investment increased by 76% in the first quarter, and a new wave of infrastructure construction may start.

Water conservancy investment increased by 76% in the first quarter, and a new wave of infrastructure construction may start.

April 24, 2023

The Ministry of Water Resources disclosed recently,In 2022, the investment in water conservancy construction nationwide reached 1 trillion yuan for the first time.。From the first quarter of 2023,A total of 189.8 billion yuan was invested in water conservancy construction.,Year-on-year increase of 76.2%;Implementation of water conservancy construction investment of 407.1 billion yuan,An increase of 54.8 billion yuan over the same period.,Increase by 15.6%;7239 new water conservancy projects have been started.,An increase of 1,948 items over the same period last year。Combined with the recent articles of the central media,“National water network construction will be speeded up”,As an important guarantee of national strategy,Water Conservancy、Infrastructure such as transportation,Especially in Xinjiang、The growth of the western region represented by Tibet may exceed expectations.。

One、The magic weapon of steady growth is infrastructure, and the major part of infrastructure is water conservancy.

“Infrastructure maniac”It is the characteristic label of China.,But what really opens the era of infrastructure,In 2008, in response to the financial crisis,,The Standing Committee of the National People's Congress proposes to further expand domestic demand、Ten Measures to Promote Steady and Rapid Economic Growth,One of the most far-reaching is the 4 trillion infrastructure investment.。

2008-In 2017, China experienced three strong forces.“Steady growth”:In the first half of 2009, the year-on-year growth rate of infrastructure construction reached 51 percent%,Annual growth rate as high as 42 percent%;Infrastructure Investment Growth Rate Exceeds 21% in 2013%;2015-Infrastructure investment remained at 15% in 2017%-20%A higher level of growth.。2018 to date,Due to the tightening supervision of local financing platforms and other reasons.,The growth rate of infrastructure investment has slowed down sharply.。

April 2022,The Eleventh Meeting of the Central Committee on Finance and Economics Sets the Great Strategic Significance of Strengthening Infrastructure Construction,Rise to a new height of national development and national security。The meeting pointed out that infrastructure construction should be strengthened in an all-round way,Yes, to safeguard national security.,Smooth the domestic circulation,Promote domestic and international double circulation,Expand domestic demand,Promoting high-quality development,Are of great significance.。The report of the 20th National Congress of the Communist Party of China has positioned infrastructure as one of the key points in building a modern industrial system.,Other key tasks in promoting high-quality development,Including comprehensively promoting rural revitalization、Promoting coordinated regional development、Promoting high-level opening-up and other chapters,They all mentioned the requirements of infrastructure construction.。Refer to past experience,Combined with the current global economic environment,,Infrastructure is the focus of the current national strategy.,It is also the focus of stabilizing the economy.。

As an important area of infrastructure investment,Large investment in water conservancy projects、Drive the long industrial chain、Create more jobs,Strong support for expanding domestic demand、Steady investment、Promote employment,It plays an important role in accelerating the construction of a new development pattern.。Water conservancy projects are of great significance to China's economic development and national security.。Since the 18th CPC National Congress,The Party Central Committee attaches great importance to water safety.,Upgrading water security to a national strategy,It calls for accelerating the landing of a number of major water conservancy projects.。

According to the relevant calculation of the Ministry of Water Resources,Every 100 billion yuan invested in major water conservancy projects,Can be driven GDP Growth 0.15 percentage points,490,000 new jobs,The economic pulling effect is obvious.,It is an important starting point for the steady growth of the government over the years.。In fact,Water conservancy has always been a major part of infrastructure construction.。China's broad infrastructure investment caliber includes electric hot water.、Three major areas of transportation and public facilities,Accounting for 18% of total infrastructure investment%/36%/46%。Public facilities are divided into water conservancy projects.、Environmental governance and municipal infrastructure,In 2021, the proportion of each field was 79%/12%/9%。

Two、Super Water Resources Project Underestimated by Market

《Outline of the 14th Five-Year Plan and the 2035 Vision》It is clearly stated in,Implementing a series of major projects to serve the country's major strategies,Infrastructure construction mainly involves the Sichuan-Tibet Railway.、New Land-Sea Passage in the West、National Water Network、Hydropower development in the lower reaches of the Yarlung Zangbo River。The market has recently been looking forward to hydropower development projects on the lower reaches of the Brahmaputra River.,Motuo Hydropower Station Project。Motuo Hydropower Station does have something to watch.,But at the national strategic level,In fact, the infrastructure planning based on water conservancy can have a broader perspective.。

The Yarlung Zangbo River is 2,057 kilometers long.,It originates from the northern foothills of the Himalayas in Tibet.,Enter India from South Tibet。Because of the amazing drop(The Yarlung Zangbo River Grand Canyon has an astonishing drop of 5435 meters.)、Water is abundant(The lower reaches are the areas with the largest precipitation in mainland China.),The Yarlung Zangbo River is the river with the most abundant hydropower resources in Tibet.。If a hydropower station is built at the big bend of the Yarlung Zangbo River.,Water experts believe that its installed capacity can reach nearly 70 million kilowatts.,Three times the installed capacity of the Three Gorges.。

On a grander scale,If hydropower stations are built in the lower reaches of the Yarlung Zangbo River,,Build a high dam,In fact, it is only a small part of the national super water resources plan.。Previously, public opinion has been heated.“Red Flag River Project”,The Yarlung Zangbo River、Nu River、Lancang River and other rivers are abundant in water.、Low utilization、Large rivers with higher elevation are the water sources.(It is equivalent to at least 6 Yellow River),To circle the Qinghai-Tibet Plateau.、Water diversion by gravity flow in the whole course with gradually decreasing elevation,Extend the river with red、Mobei River、Chunfeng River is the main branch line, providing water supply capacity for the vast northwest region.。

This project can refer to“South-to-North Water Diversion Project”。The project plan of the South-to-North Water Diversion Project was conceived in 1952.,When Chairman Mao inspected the Yellow River, he put forward。After analyzing and comparing more than 50 schemes,,The water diversion programme has yielded a large number of valuable results.。East of the final project plan、Medium、The total length of the western trunk line is 4350 kilometers.,Population involved 4.3.8 billion people,Annual water diversion scale of 44.8 billion cubic meters。

Compared to this,Envisaged“Red Flag River Project”More grandiose。The project takes water from the big bend of the Brahmaputra River.,Take the water of Yigong Zangbo and Palong Zangbo along the way.,Artesian 509 km,Enter the Nu River。 Then ,Borrow 60 kilometers of Nujiang River,Cross the Hengduan Mountains at the Three Parallel Rivers,Enter the Lancang River through a tunnel。Then borrow the Lancang River.,Re-drill the tunnel into the Jinsha River。After that,Enter the second half,Borrow the tunnel、Reservoir、Open channel and other ways,Finally, it reaches the Tarim inflow area.。If we follow this plan,,The total length of the river is 6188 kilometers.,The annual water diversion volume reaches 60 billion cubic meters.。

It is estimated that,The water diversion project will consist of four major parts.:1)19 barrages are expected,Among them, 12 dams are over 100 meters high.,Total investment for retaining dam: 2,900~445 billion yuan;2)Headrace tunnel,The total length of a single line is about 2200 kilometers.,The total cost of the project is 10496.~RMB 156.83 billion;3)Open Channel(The total length is 3700 kilometers,2 of the Middle Route of the South-to-North Water Diversion Project.5x)The total cost is 5000~700 billion yuan;4)3 branch lines,Total tunnel 411 km,The open channel is 2589 kilometers,The total cost of the project is about 1,080~147.1 billion yuan。

The investment of the above super project is huge.,Involving the national economy、Ecological environment、International relations and other aspects,Therefore, a detailed demonstration is needed.。However, the country as a whole continues to promote the direction of infrastructure construction is very clear.。The report of the 20th National Congress of the Communist Party of China pointed out:“Optimize infrastructure layout、Structure、Function and system integration,Construct a modern infrastructure system。Combine《Outline of the 14th Five-Year Plan and the 2035 Vision》,Xinjiang、Infrastructure construction and resource development projects in Tibet are worth looking forward to.。Area perimeter,Water conservancy is involved、Transportation infrastructure construction enterprises deserve attention。

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