Reporters from China National Railway Group Co., Ltd.（Hereinafter“State Railway Group”）Be informed，From January to February this year，The fixed assets investment of the national railway was 65.2 billion yuan.，Year-on-year growth of 9.5%。This is the first time that railway investment has exceeded 60 billion yuan in the first two months.，A record high，Of which 22.9 billion yuan was completed in February，Year-on-year growth of 5.5%。

At present，High-quality and efficient promotion of railway construction，The construction of key projects is progressing smoothly.，Speed up the construction of modern railway infrastructure system。According to plan，More than 1000 kilometers of new railway lines will be put into operation in 2024.。With the Hefei-Wuhan section of the Shanghai-Chongqing-Chengdu high-speed railway along the Yangtze River、Gansu Pingliang-Qingyang Railway、Construction of Wenshan-Mengzi Railway in Yunnan Province，Railway investment will maintain a certain growth rate this year.。

“Railway construction investment maintains high level of operation，It has obvious pulling effect on regional economic and social development.。Next step，The State Railway Group will closely focus on serving and supporting major national strategies.，Highlighting the overall function and benefit of the road network，Promoting Railway Planning and Construction with High Quality and Efficiency，To inject new momentum into China's economic recovery。”The head of the relevant departments of the State Railway Group told reporters.。

The research released by Guosen Securities is expected，At present，The demand for infrastructure projects is greater than the shortage of funds.，Sources of infrastructure investment funds will reach 15% in 2024.44 trillion yuan，Year-on-year growth of 8.5%，Year-on-year increase of approximately 1.2 trillion yuan of incremental capital。

Railway investment is accelerating

2023，The national railway completed fixed assets investment of 764.5 billion yuan.、Year-on-year growth of 7.5%，It is the highest year of railway investment in the past three years.。

The above-mentioned reporter in charge of the relevant departments of the State Railway Group introduced.，Since this year，The State Railway Group scientifically coordinates the construction of resources，Reasonable optimization of construction organization，Strengthen safety and quality control，Promoting Railway Engineering Construction with High Quality。In order to ensure the construction speed，Including the Chongqing-Kunming high-speed railway、Xi'an-Chongqing High-speed Railway，Continuous construction of 40 key projects and 138 construction sites during the Spring Festival，Other projects will resume production immediately after the festival.，Quickly form a fortification situation。

One bright spot is，The railway from Jiangjunmiao to Naomaohu in Xinjiang Uygur Autonomous Region has been put into operation，The high-speed railway from Chizhou to Huangshan in Anhui Province has started joint commissioning and testing.，Hangzhou-Quzhou Railway、Shanghai-Suzhou-Huzhou Railway、Guangzhou-Zhanjiang High-speed Railway、Important progress has been made in key control projects under construction such as the Hangzhou-Wenzhou high-speed railway.，It has laid a good foundation for the completion of the annual investment task.。

However，The State Railway Group has not made a specific amount target for the railway fixed assets investment task for four consecutive years.，Instead, mileage goals are used instead.。According to plan，More than 1000 kilometers of new railway lines will be put into operation in 2024.。

By the end of 2023，The national railway mileage in operation reached 15..90,000 kilometers，Wherein the high-speed railway is 4.50,000 kilometers。Issued by the State Council in 2021《“Fourteen five”Development planning of modern comprehensive transportation system》，By 2025，The mileage of railways in operation reached 16..50,000 kilometers，Among them, the target of high-speed rail business mileage is 50000 kilometers.。In accordance with this objective，Railway construction still needs to maintain a certain speed.。

It is understood that，In recent years，Railway investment has shown a high-speed growth trend for many times at the beginning of the year.，Among，2018—It has reached 18 in the first two months of each year in 2019..8%And 15.4%The growth rate of，In the first two months of 2023, the investment also reached 5.9%The growth rate of。

“In 2024, we should scientifically coordinate the construction of resources.，Reasonable optimization of construction organization，With‘Fourteen five’Railway projects in the 102 major projects identified in the plan and the 2035 long-term goal outline are the key points.，Increase the number of people leaving Xinjiang and entering Tibet、Implementation of national strategic corridor projects such as border railways，Actively promote high-speed rail along the Yangtze River and coastal areas、Construction of key projects such as the new western land-sea corridor，High-quality Shanghai-Suzhou-Huzhou high-speed railway completed and put into operation、Hangzhou-Yiwu-Wenzhou high-speed railway and other projects，Ensure the completion of annual investment and production tasks and physical workload。”The person in charge of the relevant departments of the State Railway Group。

At the same time，As requested，We must do a good job of networking、Mend the net、Strong chain engineering，Centralized implementation of a batch“Short, flat and fast”Project，Vigorously promote the construction of logistics infrastructure，We will accelerate the implementation of supporting projects to improve the port collection and distribution system and the capacity of points and lines.，Break through the capacity blocking points of main trunk lines and the breakpoints of multimodal transport。Promoting the Interconnection of Transport Infrastructure，Optimize and improve the hub layout、Structure and function，Promote“Integration of four networks”，Serve to build a high-quality national comprehensive three-dimensional transportation network。

Adequate capital guarantee for capital construction

In fact，It is not only the State Railway Group that speeds up the construction.。

Associate Professor, Guanghua School of Management, Peking University、According to the deputy director of the Institute of Economic Policy of Peking University,，With the development of fiscal policy，Infrastructure investment is expected to pick up this year。In 2023, local government debt was superimposed on additional treasury bonds.，Provide space for this year's fiscal policy。

It is understood that，According to the government work report,，This year's deficit rate is planned to be 3.% Arrangement ，The size of the deficit 4.06 trillion yuan，An increase of 180 billion yuan over the budget at the beginning of last year。Proposed arrangement of local government special bonds 3.9 trillion yuan，An increase of 100 billion yuan over the previous year。At the same time，Starting from this year, it plans to issue ultra-long-term special treasury bonds for several consecutive years.，It is dedicated to the implementation of major national strategies and security capacity building in key areas.，First issue 1 trillion yuan this year。

“To this，Fiscal policy is expected to provide strong support for infrastructure construction this year.。”Color representation。

Liu yuanchun, president of Shanghai University of Finance and Economics, is also here.CMFOn the forum《China Times》The reporter said，This year's proactive fiscal policy has fully implemented the connotation of moderate reinforcement.，Not only in the general public budget, there are 3%A deficit、100 billion special debt、1 trillion super long-term treasury bonds，At the same time, the scope of capital use should be expanded.。

“Consider retaining some of this year's quota from last year's 1 trillion treasury bonds.，At the same time, fund expenditure should also be considered.，With the relative stability of real estate projects this year,，Investment is likely to pick up and improve.。”Liu yuanchun said。

According to the research report issued by Guosen Securities，At present，The demand for infrastructure projects is greater than the shortage of funds.，Sources of infrastructure investment funds will reach 15% in 2024.44 trillion yuan，Year-on-year growth of 8.5%，Year-on-year increase of approximately 1.2 trillion yuan of incremental capital。The planned additional issuance of 1 trillion yuan of special treasury bonds will be dedicated to the implementation of major national strategies and the building of security capacity in key areas.，It is expected to play a role similar to that of long-term construction treasury bonds at the beginning of the century.，It has become the core tool for the central government to leverage.，Accelerate the recovery of social investment。