Recently, on the basis of fully linking the achievements of reform practice, widely soliciting opinions from all sides, and actively learning from the experience of various provinces and cities, the city has formulated and issued the Beijing Municipal Government Investment Management Measures. As a major government function, government investment is related to the overall situation of economic and social development. It is not only an important means to implement macro-control and implement the national development strategy, but also a powerful grip to guide and drive social capital to expand effective investment. It plays a key role in stabilizing growth, promoting reform, adjusting structure, benefiting people's livelihood, preventing risks, and complementing development weaknesses, optimizing the supply structure, and enhancing development momentum. "The Administrative Measures highlight that government investment is mainly invested in social public welfare services, public infrastructure, major scientific and technological progress, national security and other areas where the market can not effectively allocate resources at this stage, and focus on the use efficiency of government investment on the basis of adhering to economic applicability, doing our best and acting according to our ability." The relevant head of the Municipal Development and Reform Commission said, at the same time, it also highlights the guiding and driving role of government investment, We will continue to optimize the direction and structure of government investment, leverage social funds to form more effective investment, focus on promoting the development of high-end, sophisticated industries in the city, and continue to improve the level of high-quality development. The Administrative Measures are divided into seven chapters and 43 articles in total. The reporter noted that "economic applicability" was listed as the principle of government investment management, and that government investment should be "done as best as possible and according to our ability", which strengthened the concept of cost control; Combined with the actual situation of the city, the Administrative Measures link up the decision-making and approval procedures for major government investment projects, refine the relevant requirements for simplifying the approval procedures, and supplement and standardize the approval content at each stage according to the relevant national policies. For the implementation of government-invested projects, the Administrative Measures mainly specify the requirements for project commencement conditions and approval implementation, cost control, reasonable definition of construction period, completion acceptance, etc., and stipulate that post-evaluation of projects should be carried out as required. At the same time, the responsibilities of all parties involved in the project supervision and the requirements for project information sharing, file management, information disclosure, performance management, etc. are clarified. "The city will further optimize the project approval, innovate the supervision methods, and continuously improve the quality and efficiency of government investment management." The relevant person in charge said that the Administrative Measures, on the basis of standardizing the project approval procedures, set out the requirements and procedures for simplifying the approval of projects that have been defined in the relevant plans or tasks and need urgent construction in response to emergencies, and effectively promote the implementation of projects and the formation of more physical investment. At the same time, we should innovate the supervision methods of government-invested projects, comprehensively apply credit supervision, online monitoring, and coordinated supervision of various departments, further strengthen project performance management, project quality management, and safety production management, and effectively improve the supervision level of government-invested projects. (Xinhua News Agency)