The project of Shanxi Lishi Xixian section of Shanxi Hubei National Expressway, the project of Henan Anyang yudongbei airport, the upgrading and reconstruction project of baishuizhai Waterworks in paitan Town, Guangzhou City, Guangdong Province... Behind a number of important infrastructure projects, the "shadow" of policy development financial instruments is active. In the past month or so, the establishment and operation of policy oriented development financial instruments have demonstrated the "fast speed" of supporting project construction. Now, the new quota of more than 300 billion yuan will further strengthen the financing of projects supported by financial instruments. Experts said that increasing the amount of policy oriented development financial instruments will strongly support infrastructure construction, promote the formation of more physical workload in the third quarter as soon as possible, give play to the key role of effective investment in economic recovery and development, and consolidate the good trend of economic recovery. Since August, when the central bank's policy interest rate has been "lowered", the quoted interest rate (LPR) in the loan market has dropped, and the 19 successive policies to stabilize the economy have been launched. A set of policy combinations have been intensively launched, which has strengthened the foundation for economic recovery and development. One of the important measures is to increase the quota of policy oriented development financial instruments of more than 300 billion yuan. Many experts believe that under the current background, increasing the amount of policy oriented development financial instruments can help solve the problems such as the difficulty of capital funds for major projects, and better give play to the comprehensive effect of effective investment to make up for weaknesses, adjust the structure and stabilize employment and consumption. Policy oriented development financial instruments are innovative means to support the construction of major projects. They are mainly used to supplement the capital of major projects, but not more than 50% of the total capital, or to bridge the capital of special debt projects. Increasing financing support for major projects through policy oriented development financial instruments is conducive to giving better play to the guiding role, unblocking the transmission mechanism of monetary policy, and promoting better matching of bank deposits and loans in terms of scale and structure under the condition of not engaging in "flooding" and not issuing excessive money. The initial amount of this financial instrument was 300 billion yuan, and now it will increase by more than 300 billion yuan. Dong ximiao, chief researcher of Zhaolian finance, said that increasing the amount of policy oriented development financial instruments will strengthen the policy effect, and it is also expected to attract more social funds to participate, so as to better play the key role of effective investment in economic recovery and development. "This move can expand effective investment and strengthen financial support for the real economy without increasing budgetary fiscal expenditure." Said Mingming, chief economist of CITIC Securities. "The main purpose of increasing the amount of this financial instrument is to form an effective capital supply for infrastructure investment, and to stimulate the supporting loans of commercial banks and attract private capital participation." In the view of Wang Yifeng, assistant director of Everbright Securities Research Institute, this move not only supports the expansion of effective investment, but also helps promote credit expansion and jointly promote economic stability and development. In the past more than one month, the policy oriented development financial instruments have been set up, operated and expanded, showing "fast speed" and "great strength" in supporting the construction of major projects. The China Development Bank and the Agricultural Development Bank have rapidly promoted the establishment and release of policy oriented financial instruments - the national development infrastructure fund and the agricultural development infrastructure fund. At present, they have supported a number of important projects and played an important role