The National Development and Reform Commission takes measures to expand effective investment to stimulate the vitality of social investment – Xinhua English.news.cn

The National Development and Reform Commission takes measures to expand effective investment to stimulate the vitality of social investment

32 fixed asset investment projects have been approved, with a total investment of 520 billion yuan

Focusing on stable growth, from new and old infrastructure to manufacturing investment, the expansion of effective investment is making full efforts. On April 15, Ou Hong, director of the Investment Department of the National Development and Reform Commission, said at a press conference that up to now, the National Development and Reform Commission has approved 32 fixed asset investment projects with a total investment of 520 billion yuan, mainly in transportation, water conservancy, energy, high-tech industries.

“It is expected that the investment data in the first quarter will maintain steady growth.” Ou Hong said that in the next step, various policies and measures to actively expand effective investment will be implemented to play an important role in stabilizing the macroeconomic market. At the same time, research and introduce policies and measures to further mobilize the enthusiasm of private investment under the new situation to stimulate the vitality of private investment.

　　Comprehensive infrastructure development

Expansion of effective investment, traditional infrastructure is full of firepower. “At present, the implementation of 102 major projects in the 14th Five-Year Plan has been carried out vigorously and orderly, and the overall progress of the project has been smooth, achieving a good start.” Ou Hong introduced that a number of major projects have been completed and put into production, such as my country’s independent third-generation nuclear power “Hualong No. 1”. “The demonstration project Fujian Fuqing No. 5 and No. 6 units have been completed and put into operation; a number of major projects are speeding up construction, such as the Sichuan-Tibet Railway Ya’an to Nyingchi section of the entire line of construction; a number of major projects are speeding up the preliminary work, such as the high-speed railway along the river to Shanghai The preliminary work of the container terminal project from Nanjing to Hefei and the north side of Xiaoyangshan in Yangshan Port Area is being accelerated. At the same time, a number of livelihood projects such as the renovation of old urban communities have been gradually rolled out and implemented promptly.

In the field of transportation infrastructure, Zheng Jian, deputy director of the Infrastructure Department of the National Development and Reform Commission, said that from January to March, it is expected that the fixed asset investment in the transportation industry such as railway, public transportation, water and aviation will complete about 636 billion yuan, a year-on-year increase of about 9.8%. In the next step, we will speed up the construction of major projects, plan major projects around the “14th Five-Year Plan”, and promote the construction of major projects whose relevant plans, implementation plans, and annual project lists have been clarified. At the same time, plan and reserve major projects ahead of time. Accelerate the formulation of plans such as the National Highway Network Plan and the National Port and Waterway Layout Plan, plan and reserve a number of major projects, and strengthen the stamina for continuous expansion of effective investment.

Bank of China Securities believes that the increase in investment in public facilities management and transportation industry throughout the year is worth looking forward to, which is expected to support infrastructure investment in 2022. The annual growth rate of infrastructure investment is expected to be 6.5% to 7%.

At present, the manufacturing industry has become an important support for stabilizing investment and the economy. Huo Fupeng, deputy director of the Industry Department of the National Development and Reform Commission, said that on the one hand, it is necessary to increase investment in the transformation and upgrading of traditional industries, and plan to start major project construction in accordance with the requirements of high-end, intelligent and green upgrading of industries. On the other hand, it is necessary to increase investment in enhancing the core competitiveness of the manufacturing industry, accelerate the process of industrialization of new technologies and new products, and create new competitive advantages in the manufacturing industry. It is necessary to accelerate the implementation of the special action to improve the core competitiveness of the manufacturing industry, focus on 8 key areas including high-end new materials, major technical equipment, intelligent manufacturing and robots, new energy vehicles, high-end medical equipment and innovative drugs, and agricultural machinery and equipment, and actively expand effective investment. .

In addition, Sun Zhicheng, deputy director of the Social Affairs Department of the National Development and Reform Commission, said that this year will actively support the construction of provincial, municipal and county CDCs; support the construction of national and provincial regional medical centers. The project focuses on supporting the construction of public pension and nursing institutions, and innovatively supports the construction of facilities such as inclusive elderly care, inclusive nursery, inclusive kindergartens, and national fitness. At the same time, support the construction of service facilities for the disabled, mental health welfare institutions, children’s welfare institutions and minors protection centers, special care hospitals, and glory homes.

　　New infrastructure sets off a boom

Accelerating the construction of new infrastructure is an important part of expanding effective investment. According to data from the National Development and Reform Commission, in the first quarter of this year, 81,000 5G base stations were newly built in China, with a total scale of more than 1.506 million; 549,000 gigabit network ports were added, bringing the total to 8.41 million, with the ability to cover 300 million households.

As the core productive force of the development of the digital economy, computing power has become the most important infrastructure in the development of the national economy. Sun Wei, deputy director and first-level inspector of the High-Tech Department of the National Development and Reform Commission, said that the National Development and Reform Commission, together with relevant departments, has vigorously promoted the implementation of the “East and West” project and accelerated the construction of a national integrated big data center system. Since the beginning of this year, among the 10 national data center clusters across the country, 25 new projects have been started, driving investment of more than 190 billion yuan. Among them, the investment in the western region increased by 6 times compared with the same period of last year, and the investment generally showed a good trend of transferring from east to west.

“It is expected that during the ’14th Five-Year Plan’ period, the investment in big data centers will increase at a rate of more than 20% per year, and the cumulative investment will exceed 3 trillion yuan.” Sun Wei said that the National Development and Reform Commission will further strengthen overall planning and give full play to policy The superposition effect accelerates the enhancement of the influence and agglomeration power of the eight computing power hubs, and effectively drives upstream and downstream investment in the big data center industry.

According to the calculation of Industrial Securities, the willingness of the policy to support the economy through efforts in the field of new infrastructure investment has increased significantly. According to estimates, the increase in new infrastructure investment in 2022 is about 180 billion yuan.

　　　Actively leverage private investment

Private investment is an important force for promoting economic development, stabilizing overall investment and expanding social employment.

Ou Hong said that he will study and introduce policies and measures to further mobilize the enthusiasm of private investment under the new situation, give play to the role of major projects and government investment leveraging, and stimulate the vitality of private investment. Deepen the reform of the economic system and support private investment in 102 major projects and other constructions. Encourage and guide private capital to use PPP and other methods to participate in the revitalization of state-owned stock assets, improve the convenience of participating in infrastructure projects, and encourage the recovery of funds for new project construction. Through the reform of mixed ownership, the introduction of strategic investors and professional operators, etc., the advantages of private investment will be brought into play, the asset value of existing projects will be enhanced, and a virtuous circle of existing assets and new investment will be formed.

At the same time, innovate investment and financing methods and enrich private investment and financing channels. Implement and improve the social capital investment and financing cooperation docking mechanism, strengthen information sharing among local governments, enterprises, and investment institutions, and promote the implementation of key projects. Support private investment projects to issue real estate investment trusts (REITs) in the field of infrastructure, and improve the level of direct financing and reinvestment capabilities. Encourage financial institutions to increase support for private investment.

(Editor in charge: Zhang Ziyi)