More than 100 projects were approved in a day, concentrated in clean energy fields such as transportation and hydropower stations
According to the Huaxia Times, the executive meeting of the State Council held on May 23 sent a clear signal: to launch a batch of major projects that are "related to the overall situation and have strong driving force". This is the third time that major projects have been mentioned at the State Council level. On May 25th, the China Securities Regulatory Commission issued a document supporting the listing and refinancing of private enterprises, encouraging private capital to participate in securities firms, and injecting blood into economic development. In addition, the Ministry of Railways has just announced that it has obtained 2 trillion yuan in bank credit, and a new round of stimulus investment plans is about to come out. Everything is related to a significant macroeconomic downturn.
A new round of investment feast
The reporter learned from the interview that since May, the speed of project approval by the National Development and Reform Commission can be described as "fierce".
According to the "Project Approval and Approval" column on the official website of the National Development and Reform Commission, more than 100 projects were approved on May 21 alone, most of which were in the clean energy field. The total number of approved projects was almost equivalent to the total of the first 20 days of May. Related to this, in the first 20 days of May, the four major banks added 34 billion yuan in loans, which were invested in new projects. This seems to be even more popular than the 4 trillion investment project back then, "said an economist from the Chinese Academy of Social Sciences, who was refuted by Niu Li, director of the Macroeconomic Research Office of the National Information Center." With such a huge 4 trillion, who knows how many projects there are
According to preliminary statistics, the number of new projects increased by more than 8000 from January to April. In April alone, the National Development and Reform Commission approved as many as 328 projects, nearly twice the number of the same period last year.
The reporter learned that on May 22nd, clean energy projects were already in the third batch of centralized approval. The first two batches of centralized approval projects included a batch of highway networks, airports, and rail transit projects.
This batch of projects involves fields such as railways, energy conservation and environmental protection, infrastructure, etc. "Famous regional economist and academic advisor of Sichuan Academy of Social Sciences, Lin Ling, said in an interview with reporters that with the lack of momentum in consumption and investment, maintaining growth has become the main policy goal at present, and maintaining investment and expanding domestic demand are the key to" stabilizing growth ".
In April, airport construction projects in Fuyuan, Heilongjiang, Shihezi, Xinjiang, Qingyang, Gansu, and Jiangbei, Chongqing were approved by the Basic Industry Department of the National Development and Reform Commission. Subsequently, the environmental impact assessment reports for Inner Mongolia Alxa League Commuter Airport and Sichuan Aba Hongyuan Airport were also approved.
In addition to airports, the National Development and Reform Commission has also approved a batch of hydropower projects. The person in charge of the Comprehensive Department of the Development and Reform Commission in Sichuan, Yunnan and other places confirmed to our reporter that "the most approved projects are water conservancy projects, including two hydropower stations on the Jinsha River in Sichuan, three hydropower stations on the Dadu River, and the Guanyinyan Hydropower Station in Yunnan
Advance issuance of budget funds
The macroeconomic downturn has forced regulation to seek investment assistance again.
The problem is that the situation this year is to some extent better than in 2008financeIn times of crisis, the situation becomes even more complex: exports are not optimistic, consumption remains exhausted, industries are severely hollowed out, and the investment banner that can only be raised has been questioned due to the sluggish real estate market, unsustainable land finance, and local financial difficulties.
Since March, provinces that have increased investment projects have been financially strong, "said Zhang Hanya, a researcher at the Investment Research Institute of the National Development and Reform Commission. Perhaps at this time, only investment can resonate with multiple parties.
A staff member from the Basic Industries Department of the National Development and Reform Commission introduced, "We not only speed up project approval, but also issue central budget investment funds related to projects in advance, which is somewhat overwhelming. Relevant departments of the National Development and Reform Commission will also go to various places to supervise the implementation of projects.
An official surnamed Cao from Sichuan Province said, "As long as there is a project, report it first
According to the exact information obtained by the reporter, the National Development and Reform Commission recently issued a notice on the central budget investment plan for key energy-saving projects, major demonstration projects for circular economy and resource conservation, and key industrial pollution control in 2012 (the first batch). After hearing the news, various regions are rushing to obtain more project funds.
Some projects that were originally scheduled to start in the second half of the year have been advanced to the first half, "said the personnel from the National Development and Reform Commission. The central budget funds related to these projects also need to be allocated in advance.
According to statistics, compared with the previous two years, the speed of government budget investment allocation has significantly accelerated this year. In the first quarter, the year-on-year growth rate of budgeted funds reached 24.9%, the highest in two years.